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1. Based on the following information: Trial balance CAD trade investment Equity Sale $ 300,000.00 $2,000,000.00 $3,000,000.00 $ 250,000.00 Sale allowances trade payables $
1. Based on the following information: Trial balance CAD trade investment Equity Sale $ 300,000.00 $2,000,000.00 $3,000,000.00 $ 250,000.00 Sale allowances trade payables $ 800,000.00 COS $ 800,000.00 long term debt Cash $ 300,000.00 $ salary advance slow moving Inventory fast moving inventories Pre payment bad debt receivables non current asset long term investment $1,000,000.00 70,000.00 $ 300,000.00 $ 500,000.00 $ 500,000.00 $ (50,000.00) $ 400,000.00 $2,000,000.00 $ 450,000.00 Accumulated Depreciation $ (800,000.00) 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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