Using the numbers below, which number is the closest to the dollars in sales generated by the amount invested in total assets in 20x5? 20x3 20x4 20x5 Net sales $250,000 $300,000 $450,000 Cost of goods sold $150,000 $150,000 $165,000 Accounts receivable $ 30,000 $ 25,000 $ 28,000 Inventory $ 18,000 $ 10,000 $ 30,000 Total Assets $450,000 $350,000 $650,000

.80

.85

.75

.90

Using the numbers below, which number is the closest to how many days it took to sell the entire inventory in 20x2? 20x3 20x4 20x5 Net sales $250,000 $300,000 $450,000 Cost of goods sold $150,000 $150,000 $165,000 Accounts receivable $ 30,000 $ 25,000 $ 28,000 Inventory $ 18,000 $ 10,000 $ 30,000 Total Assets $450,000 $350,000 $650,000

53.9

42.8

44.2

55.7

Using the numbers below, what is the 20x5 Accounts Receivable (AR) Turnover? 20x3 20x4 20x5 Net sales $250,000 $300,000 $450,000 Cost of goods sold $150,000 $150,000 $165,000 Accounts receivable $ 30,000 $ 25,000 $ 28,000 Inventory $ 18,000 $ 10,000 $ 30,000 Total Assets $450,000 $350,000 $650,000

13.08

15.36

1.2

16.36

Based on the following partial income statement, what is the common size percentage for gross profit, rounded to two decimal points? Net Sales $250,000 Less: Cost of goods sold (125,386) Gross Profit $124,614 Less: Other expenses (123,000) Equals: Net Income $1,614

99.38%

1.30%

49.84%

50.14%

Based on the following partial income statement, what is the common size percentage for gross profit, rounded to two decimal points? Net Sales $175,250 Less: Cost of goods sold (136,125) Gross Profit $ 39,125 Less: Other expenses (26,627) Equals: Net Income 12,498

7.13%

1.30%

22.33%

77.67%