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Please show work for the Answers. Ignore the answers to inventory turnover and AR turnover, I'm not sure if either are right and am confident AR turnover is not.

2015 2016 Assets Cash $45.000 $50.00 AIR $338.00 $223.00 Inventory $115.00 $106.00 Total $498.00 $379.00 Net Fixed Assets Total Assets $1,498.00 $1,579.00 Liabilities $393.00 Accounts Payable $323.00 $150.00 $125.00 Notes Payable Total $543.00 $448.00 $750.00 Long-Term Debt $500.00 $400.00 $400.00 Common Stock $55.00 -S19.00 Retained Earnings Total Liabilities $1,498.00 $1,579.00 Sales $2,023.00 Cost of Goods Sold $200.00 Depreciation EBIT $204.601 Interest $40.00 Taxes $81.84 et Income $82.76 ASSIGNMENT Lesson 02 Quiz 01 FIRST NAME LAST NAME INSTRUCTIONS When inputting an answer, round your answer to the nearest 4 decimal places.If you need to use a calculated number for further calculations. DO NOT round until after all calculations have been completed. For the final answer, Round to 4 decimal places. Questions Answers Inventory Turnover? 14.6462 AR Turnover? 2.0000 AP Turnover? Inventory Period? DAR period Operating Cycle? Cash Cycle? What is Net Working Capital for 2016? SCORE This Attempt

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