Please find notes payable

Question

Please find notes payable,

long term debt, and Net fixed assets

USE THE DATA BELOW TO ANSWER QUESTIONS 29, 30 AND 31 — THE DATA WILL BE REPEATED FOR EACH
OF THE QUESTIONS, BUT IT IS IDENTICAL F OR EACH. Given the financial data and ratios listed below for the Atlanta Company, determine what Atlanta Company recorded as m
[gym on its 2012 balance sheet. (Record your answer without a dollar sign, without commas, and if the answer is a negative
number, use the minus sign followed by the number with no spaces between the minus sign and the number — thus record $3,143 as
3143 or negative 18 as -18). Sales $10,000
Gross profit margin 40%
Inventory turnover 4 times
ratio Net profit margin 8%
Average collection 45 days
period Return on equity (ROE) 50%
Return on assets (ROA) 20%
Cash $250
Current ratio 2.5
Accounts payable days 30 days
Notes: Of total sales, 80 percent are on credit; 20% are
cash sales. Use COGS for inventory turnover ratio. Assume a 360 day year.
Finance