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2:15 .00! Q2. Florida Company Florida Company manufactures computer technology devices. Selected financial data for Florida is presented below; use the information to answer the
2:15 .00! Q2. Florida Company Florida Company manufactures computer technology devices. Selected financial data for Florida is presented below; use the information to answer the following questions. Current Assets As of Dec. 31, 2020 Dec 31, 2019 $1,267,038 S 616,604 665.829 Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Total Current Assets 490,816 338,599 487.505 292.511 291,915 52,061,852 $2,388,964 Current Liabilities S 25.190 182,295 296,307 S 38.108 210.190 334.247 Short-term borrowings Current portion of long-term del Accounts payable Accrued liabilities Income taxes payable Total Current Liabilities 941,912 203.049 1,648,753 743.999 239.793 1,566,237 Selectect Income Statement Data - for the year ending December 31, 2020; Net Sales Cost of Goods Sold $4,885,340 2,542,353 733.541 230,101 Operating Income Net Income Selected Statement of Cash Flow Data - for the year ending December 31.2020: Cash Flows from Operations $1,156,084 1 Refer to the information for Florida Company, Florida's current ratio in 2020 was 2 Refer to the information for Florida Company, Florida's quick ratio changed by what percentatge from 2019 2020? 3. Refer to the information for Florida Company. Florida's Operating Cash Flow to Current Liabilities ratio in 2020 was: Refer to the information for Florida Company. Florida's days receivables outstanding at the end of 2020 was: Refer to the information for Florida Company, Florida's days accounts payable outstanding at the end of 2020 is: 6 Refer to the information for Florida Company. Days of other financing required by Flurida at the end of 2020 would be: 7. Refer to the information for Florida Company, Florida's 2020 Inventory Turnover ratio IS
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