From the Balance Sheet and Income Statement Information below, calculate the following ratios:

[a.] Return on Sales

[b.] Current Ratio

[c.] Inventory Turnover – If there are no beginning inventory or ending inventory figures, then use the Merchandise Inventory figure.

ABC INC.

Income Statement

Year Ended December 31, 2018

Net Sales Revenue

$20,941

Cost of Goods Sold

7,055

Gross Profit

13,886

Operating Expenses

7,065

Operating Income

6,821

Interest Expense

210

Income Before Taxes

6,611

Income Tax Expense

2,563

Net Income

$4,048

ABC INC.

Balance Sheet

December 31, 2018

Assets

Current Assets

Cash

$2,450

Accounts Receivable

1,813

Merchandise Inventory

1,324

Prepaid Expenses

1,709

Total Current Assets

7,296

Long-Term Assets

18,500

Total Assets

$25,796

Liabilities

Current Liabilities

$7,320

Long-Term Liabilities

4,798

Total Liabilities

12,028

Stockholders’ Equity

Common Stock

6,568

Retained Earnings

7,200

Total Stockholders’ Equity

13,768

Total Liabilities & Stockholders’ Equity

$25,796

1.

NOTES: 1- Round up

2- Your responses should be in the following formats

a. XX%

b. x. xx

c. x. xx

Cone w has a radius of 8 cm and a height of 5 cm. square pyramid x has the same base area and height as cone w. paul and manuel disagree on how the volumes of cone w and square pyramid x are related. examine their arguments. which statement explains whose argument is correct and why? paul manuel the volume of square pyramid x is equal to the volume of cone w. this can be proven by finding the base area and volume of cone w, along with the volume of square pyramid x. the base area of cone w is π(r2) = π(82) = 200.96 cm2. the volume of cone w is one third(area of base)(h) = one third third(200.96)(5) = 334.93 cm3. the volume of square pyramid x is one third(area of base)(h) = one third(200.96)(5) = 334.93 cm3. the volume of square pyramid x is three times the volume of cone w. this can be proven by finding the base area and volume of cone w, along with the volume of square pyramid x. the base area of cone w is π(r2) = π(82) = 200.96 cm2. the volume of cone w is one third(area of base)(h) = one third(200.96)(5) = 334.93 cm3. the volume of square pyramid x is (area of base)(h) = (200.96)(5) = 1,004.8 cm3. paul's argument is correct; manuel used the incorrect formula to find the volume of square pyramid x. paul's argument is correct; manuel used the incorrect base area to find the volume of square pyramid x. manuel's argument is correct; paul used the incorrect formula to find the volume of square pyramid x. manuel's argument is correct; paul used the incorrect base area to find the volume of square pyramid x.

Question 6(multiple choice worth 5 points) (05.02 lc) what is the value of x? a right angle is shown divided into two parts. the measure of one part of the right angle is 10 degrees. the measure of the other part is 2x 20 40 45 85

What is the midpoint of np if n (1,9) and p (-5-1)