Question: USE THE FOLLOWING DATA FOR THE NEXT TWO QUESTIONS 8. Your entry on a 2022 common size balance sheet for Accounts payable would be what?

USE THE FOLLOWING DATA FOR THE NEXT TWO QUESTIONS 8. Your entry on a 2022 common size balance sheet for Accounts payable would be what? 9. Your entry on a 2022 common base-year balance sheet for Inventory would be what? The common base year is 2021.

Here is the formula sheet:

USE THE FOLLOWING DATA FOR THE NEXT TWO QUESTIONS 8. Your

entry on a 2022 common size balance sheet for Accounts payable would

Exam 2 Formula Sheet TotalDebttoTotalCapitalizationRatio=STD+LTD+TESTD+LTD TimesInterestEarned=InterestExpenseEBIT CashCoverageRatio=InterestExpenseEBIT+DepreciationInventoryTurnover=CostofGoodsSold Days' Sales in Inventory = Receivables Turnover = Inventory365days=AccrensInventoryTurnover365days=INV Sales Accounts Receivables DaysSalesinReceivables=DSOorSR365days=ReceivablesTurnoverAR=AnnualCreditSales/365 FixedAssetTurnover=NetFixedAssetsSales TotalAssetTurnover(TAT)=TotalAssetsSales GrossProfitMargin(GPM)=SalesGrossprofitNetProfitMargin(NPM)=SalesNetIncomeReturnonAssets(ROA)=TotalAssetsNetIncomeReturnonEquity(ROE)=TotalEquityNetIncome Price-EarningsRatio(P/E)=EarningsPerShareMarketPriceperShare Market-BookRatio(P/B)=BookvalueperShareMarketPriceperShare Full capacity sales = Sales Percent of capacity used to generate sales level ROE=ROAEMROE=NPMTATEM USE THE FOLLOWING DATA FOR THE NEXT TWO OUESTIONS 8. Your entry on a 2022 common size balance sheet for Accounts payable would be what? (1pt) 9. Your entry on a 2022 common base-year balance sheet for Inventory would be what? The common base year is 2021. (1pt)

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