Note: only partial balance sheet information provided; do not average balance sheet data when convenience when answering the questions and will not be graded en calculating ratios; the oxi and 20x2 ratio columns are for your Knicherdoodles, Inc 20x120x2 Industry average ratios 20x120x2 360 day year) Sales (all credit) 5740 578 Current ratio 11 COGS 450 Quick ratio 2.1 2 Operating Exp (Excluding Depreciation) 150 A/R collection period 47 2 Interest 35 35 Inventory tome 2.1 2 440 2 Dividends 16 12 Totale DNS 100 110 Fused se mer 045 7 Depreciation Expense Cash 70 95 Grossman 4120 2 563 S02 Operating margin 11.10 Accounts receivables Accounts payable 520 405 Times interest earned 4.3 2 Inventory 662640 Long-term debit 340410 Net fixed assets 1.680 1413 2,960 3.983 Common stod 300235 35%