Compute (a) working capital, (b) current ratio, (c) quick ratio, (d) accounts receivable turnover, (e) merchandise inventory

Question:

Compute

(a) working capital,

(b) current ratio,

(c) quick ratio,

(d) accounts receivable turnover,

(e) merchandise inventory turnover,

(f) ratio of stock¬

holders’ equity to liabilities, and (g) ratio of plant and equipment to long¬

term liabilities.

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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