For each of the following ratios, fill in the missing numerator. Ratio Current: Current Liabilities Acid-Test: Current

Question:

For each of the following ratios, fill in the missing numerator.
Ratio
Current: Current Liabilities
Acid-Test: Current Liabilities
Accounts Receivable Turnover: Average
Inventory Turnover: Average Inventory

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...