Unit 2 Math

You are given the following selected financial information for The Blatz Corporation.

Income Statement            Balance Sheet

COGS $750                     Cash $250

Net Income $160              Net fixed assets $850

Ratios ROS                             10% Current ratio                 2.3 Inventory Turnover       6.0 x ACP                             45 days Debt ratio                     49.12%

Calculate accounts receivable, inventory, current assets, current liabilities, debt, equity, ROA, and ROE.