WebFinance questions and answers. The balance sheet and income statement for the J. P. Robard Mfg. Company are as follows: . Calculate the following ratios: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on. WebJ. P. Robard Mfg., Inc. Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets $470 2,000 1,060 $3,530 4,420 Total assets $7,950 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $1,040 580 350 $1,970 2,050 3,930 …

The balance sheet and income statement for J.P. Robard Mfg.

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