Question: Your assistant has just provided you with your companys latest financial results. Unfortunately, several of the numbers are smudged and unreadable. They are each represented

Your assistant has just provided you with your company€™s latest financial results. Unfortunately, several of the numbers are smudged and unreadable. They are each represented below by a letter.

Your assistant has just provided you with your company€™s latest

Determine the missing amounts above. (Round amounts to the nearestdollar.)

Balance sheet (as of month-end) Cash Accounts receivable Merchandise inventory Buildings and equipment Accumulated depreciation Investments, long-term Land Total assets Income statement (as of month-end) $ 482 Sales revenue $10,377 (a) Cost of goods sold (b) Gross profit $3,411 Operating expenses: (922) Advertising 250 Depreciation 980 $350 500 Rent S (c)Wages 376 $1,945 Income before taxes Income taxes (35%) Accounts payable Notes payable, long-term Common stock Retained earnings $ 977 (d) Net income 3,400 1,491 $ (e) Total liabilities and equity Summary ratio values 1. Accounts receivable turnover 2. Inventory turnover 3. Return on assets 4. Return on equity 5.62 7.15 18.27

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