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4. Shown below are selected financial data for Company A and Company B at the end of the current year Net credit sales cost of
4. Shown below are selected financial data for Company A and Company B at the end of the current year Net credit sales cost of goods sold cash Accounts receivable et inventory Current abilities Company 56700 504.00 33000 25000 400 TOS Company 3560 480 227 20 HB00 10000 a) For each of the two companies, compute the following and FILL THE TABLE (10 points) Company Company Working capital Current ratio Quick ratio Accounts receivable tumover rate Inventory turnover rate Working capital Company A Company Current ratio Company A Company Quick ratio Company A: Company Accounts receivable turnover rate Company A Company B: Inventory turnover rate Company A Company II b) To which company would you prefer to sell $25,000 in merchandise on a 30-day open account? Company Aer Company B.? Why? Explain (5 points)
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