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

14. What is Total liabilities & Equity? (use the financial data above) *

$ 10,750

$ 9,750

$11,000

$ 1,000

None of the above

15. What is the sales level? (use the financial data above) *

$ 20,000

$ 22,000

$ 40,000

$ 10,000

None of the above

16. What is the fixed assets level? (use the financial data above) *

$ 5,000

$ 3,000

$ 5,500

$ 8,000

None of the above

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

$ 2,000

$ 2,750

$ 33,000

$ 13,000

None of the above

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

$ 3,000

$ 2,300

$ 3,800

$ 750

None of the above

19. What is the value of Accounts Payable? (use the financial data above) *

$ 3,800

$ 2,800

$ 2,375

- $ 3,800

None of the above

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

$ 12,800

$ 1,200

$ 2,875

$ 1,275

None of the above

Value 2 4 Ratios Total Assets Turnover Fixed Assets Turnover DSO (Year is 360 days) Quick Ratio Return on Assets 45 2 20% Total Assets Total liabilities and equity Cash $ 2,000 Accounts payable ?? A/R ?? Long-term debt $ 4,000 Inventories ?? Common equity ?? Fixed Assets ?? Retained Earnings $ 1,750 Total Assets $11,000 Total liabilities and equity ?? Sales