Question: PLEASE USE EXCEL WILL GIVE THUMBS UP 20. You are given the following selected financial information for The Blatz Corporation. Income Statement Balance Sheet COGS

PLEASE USE EXCEL WILL GIVE THUMBS UP

20. You are given the following selected financial information for The Blatz Corporation. Income Statement Balance Sheet COGS $750 Cash $250 Net income $160 Net fixed assets $850 Ratios ROS 10% Current ratio 2.3 Inventory turnover 6.0x ACP 45 days Debt ratio 49.12% Calculate accounts receivable, inventory, current assets, current liabilities, debt, equity, ROA, and ROE 20. You are given the following selected financial information for The Blatz Corporation. Income Statement Balance Sheet COGS $750 Cash $250 Net income $160 Net fixed assets $850 Ratios ROS 10% Current ratio 2.3 Inventory turnover 6.0x ACP 45 days Debt ratio 49.12% Calculate accounts receivable, inventory, current assets, current liabilities, debt, equity, ROA, and ROE

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