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1. Mobile Company Mobile Company manufactures computer technology devices. Selected financial data for Mobile is presented below; use the information to answer the following questions:

1. Mobile Company

Mobile Company manufactures computer technology devices. Selected financial data for Mobile is presented below; use the information to answer the following questions:

Current Assets

As of Dec. 31, 2010

Dec. 31, 2009

Cash and short-term investments

$1,267,038

$ 616,604

Accounts Receivable (net)

490,816

665,828

Inventories

338,599

487,505

Prepaid Expenses and other current assets

292,511

291,915

Total Current Assets

$2,388,964

$2,061,852

Current Liabilities

Short-term borrowings

$ 25,190

$ 38,108

Current portion of long-term debt

182,295

210,090

Accounts payable

296,307

334,247

Accrued liabilities

941,912

743,999

Income taxes payable

203,049

239,793

Total Current Liabilities

1,648,753

1,566,237

Selected Income Statement Data - for the year ending December 31, 2010:

Net Sales

$4,885,340

Cost of Goods Sold

2,542,353

Operating Income

733,541

Net Income

230,101

Selected Statement of Cash Flow Data - for the year ending December 31, 2010:

Cash Flows from Operations

$1,156,084

A.Refer to the information for Mobile Company. Mobile's current ratio in 2010 was:

B.Refer to the information for Mobile Company. Mobile's quick ratio changed by what percentage from 2009 to 2010?

C.Refer to the information for Mobile Company. Mobile's Operating Cash Flow to Current Liabilities ratio in 2010 was:

D.Refer to the information for Mobile Company. Mobile's days receivables outstanding at the end of 2010 was:

E.Refer to the information for Mobile Company. Mobile's days accounts payable outstanding at the end of 2010 is:

F.Refer to the information for Mobile Company. Days of other financing required by Mobile at the end of 2010 would be:

G.Refer to the information for Mobile Company. Mobile's 2010 Inventory Turnover ratio is:

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