Question: Use the Leno Co. financial data given below to answer the following 3 questions: 8. What is the value of Accounts Receivables? (use the financial

 Use the Leno Co. financial data given below to answer the

Use the Leno Co. financial data given below to answer the following 3 questions:

8. What is the value of Accounts Receivables? (use the financial data above) *

$ 2,000

$ 3,000

$ 33,000

$ 13,000

None of the above

9. What is the inventory level? (use the financial data above) *

$ 3,000

$ 2,300

$ 3,800

$ 1,000

None of the above

10. What is the value of common equity? (use the financial data above) *

$ 12,800

$ 1,200

$ 1,250

$ 1,275

None of the above

Use the Leno Co. financial data given below to answer the following 3 questions: Value Ratios Total Assets Turnover Fixed Assets Turnover DSO (Year is 360 days) Quick Ratio Return on Assets 3 5 24 1 12% Total Assets Cash $ 1,000 A/R ?? Inventories ?? Fixed Assets Total Assets $ 10,000 Total liabilities and equity Accounts payable ?? Long-term debt $ 4,000 Common equity ?? Retained Earnings $ 1,750 Total liabilities and equity ?? ?? Sales

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