3a) Fantastic Floss Revenue for the past 5 years is listed below: Year Revenue Trend 20X120x2 20x3 20X4 20x5 $ 49,300 $ 65,20

3b) Calculate the following ratios for Fantastic Floss, Inc for the current year. Compare each ratio to the floss industry stc) Current Ratio Industry standard = d) Inventory Turnover - Calculate the number of days in Inventory Industry Standard = 12 Show transcribed image text

0 0 1,876 answers 3a. 20x1 20x2 20x3 20x4 20x5 Revenue 49300 65200 110000 125600 120000 Trend 100.00% 132.25% 223.12% 254.77% 243.41% Trend has been calculated using 20x1 as a base year for 3b. data is not provided