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1 . Based on the following information: trade investment $ 3 0 0 , 0 0 0 equity $ 2 , 0 0 , 0

1. Based on the following information:
trade investment $300,000
equity $2,00,000
sale $3,000,000
sale allowances $250,000
trade payables $800,000
cos $800,000
long term debt $300,000
cash $1,000,000
salary advance $70,000
slow moving inventory $300,000
fast moving inventories $500,000
pre payment $500,000
bad debt ($50,000)
receivab;es $400,000
non current asset $2,000,000
long term investment $450,000
accumulated depreciation ($800,000)
Calculate the following ratios:
a. Company working capital
b. Current ratio
c. Quick ratio
d. Inventory turnover
e. Receivable turnover
f. Asset turn over

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