18 points - 3 each) Selected financial statement data for Mure Company are presented below.

December 31, 2015

December 31, 2014

Cash	$ 40,000	$30,000
Short-term investments	20,000	18,000
Receivables (net)	100,000	90,000
Inventories	80,000	60,000
Total current liabilities	100,000	90,000

During 2015, net sales were $950,000, and cost of goods sold was $770,000. Instructions Compute the following ratios at December 31, 2015: (a) Current ratio (b) Acid-test ratio. (c) Accounts receivable turnover. (d) Days sales in accounts receivable. (e) Inventory turnover. (f) Days sales in inventory.

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