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10a. Alpha's net accounts receivable were $500,000 atDecember 31, 2015, and $600,000 at December 31,2016.  Net cash sales for 2016 were$250,000.  The accounts receivable turnover for 2016 was5.3.  Use this information to determine the Fiscal Year2016: (Round & enter your answers to one decimal place fornon-dollar ratios and enter the value. For dollar ratio enter aswhole dollars only.)

1. Total Net Sales

2. Total Net Credit Sales

10b. The following financial information isfor Alpha Corporation are for the fiscal years ending 2017& 2016 (all balances are normal):

Item/Account	2017	2016
Cash	$26,000	$16,000
Accounts Receivable	40,000	50,000
Inventory	30,000	22,000
Current Liabilities	76,000	42,000
Net Sales (all credit)	390,000	360,000
Cost of Goods Sold	260,000	250,000

Use this information to determine for FY 2017: (Round& enter your answers to one decimal place and enter thevalue.)

1. the inventory turnover ratio:________        

2. number of days of inventory: ________

3. Gross Profit Margin:____________

10 c.

The following financial information is for Alpha Corporation arefor the fiscal years ending 2017 & 2016 (all balances arenormal):

Item/Account	2017	2016
Cash	$26,000	$16,000
Accounts Receivable	30,000	50,000
Inventory	30,000	22,000
Current Liabilities	76,000	42,000
Net Sales (all credit)	390,000	360,000
Cost of Goods Sold	260,000	250,000

Use this information to determine the quick ratio for FY 2017:(Round & enter your answers to one decimal place and enter thevalue.)

10d.

The following financial information isfor Alpha Corporation are for the fiscal years ending 2017& 2016 (all balances are normal):

Item/Account	2017	2016
Cash	$26,000	$16,000
Accounts Receivable	40,000	50,000
Inventory	30,000	22,000
Current Liabilities	76,000	42,000
Net Sales (all credit)	390,000	360,000
Cost of Goods Sold	260,000	250,000

Use this information to determine for FY 2017: (Round &enter your answers to one decimal place for non-dollar ratios andenter the value. For dollar ratio enter as whole dollarsonly.)

1. the Current Ratio

2. Working Capital