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Adventure Technology 's Inventory Turnover Ratio

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Adventure Technology Balance Sheet
December 31, 2005 ($thousands)

2001 2002
Assets
Cash & Marketable Sec. $60 $49
Accts. Receivable 406 448
Inventory 600 640
Total Current Assets $1,066 $1,137

Fixed Assets
Gross Fixed Assets 1,130 1,280
Less:Acc. Depreciation 307 384
Net Fixed Assets 823 896
Total Assets $1,889 $2,033

Liabilities & Owners' Equity
Accounts Payable $350 $384
Notes Payable 138 108
Accruals 30 30
Total Current Liab. $518 $522
Long-Term Debt 838 813
Total Liabilities $1,356 1,335
Common Stock 150 150
Paid In Capital $200 200
Acc. Retained Earning 183 348
Total Owners' Equity $533 698
Total Liab. & Owners' Equity $1,889 $2,033

1) For 2002, what is the Quick Ratio.

2) What is Adventure Technology 's Inventory Turnover Ratio for 2002?

3) What is Adventure Technology's debt ratio for 2002?

4) What is Adventure Technology's Return on Equity for 2002?
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This provides the steps to calculate the Adventure Technology 's Inventory Turnover Ratio

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Adventure Technology Balance Sheet
December 31, 2005 ($thousands)

2001 2002
Assets
Cash & Marketable Sec. $60 $49
Accts. Receivable 406 448
Inventory 600 640
Total Current Assets $1,066 $1,137

Fixed Assets
Gross Fixed ...

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