1. Compute Saybrooke's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2016. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days.

2. Recommend two ways for saybrooke to speed up its cash flow from receivables.

(a) Enter the formula and calculate the quick (acid-test) ratio for 2016.

Saybrooke, Inc., reported the following items at December 31, 2016, and 2015 EEB (Click the icon to view the comparative financial information.) Requirements 1. Compute Saybrooke's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2016. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. 2. Recommend two ways for Saybrooke to speed up its cash flow from receivables. Requirement 1. Compute Saybrooke's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2016. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. (a) Enter the formula and calculate the quick (acid-test) ratio for 2016. (Abbreviation used: Cash" Cash and cash equivalents. Round your final answer to two decimal places.) Quick (acid-test) ratio