accounting 1 help

Moore Corporation reported the following items at December 31, 2018, and 2017 Click the icon to view the comparative financial information) Read the rearments Requirement 1. Compute the company's (a) quick acid-test) ratio and (b) days' sales outstanding for 2018. Evalute each ratio se s strong or weak. All sales are an account with term of net 30 days (Enter the formula and culte the quick (acid ret tio for 2018. (Abbreviation med Cash Cash and chequivata. Round your finanswer to a decimal places) Guck addestrato Moore's quick and test ratio is considered () Select the formula and calculate Moore's daye ses outstanding for 2018. Roundtam altion to be decimal places, XXX Round the day sales outstanding to the whole day) Days' sales anding 1 Moore's day was outstanding relative to credit forms of net 30 days Requirement 2. Recommend two ways for Moore to speed up its com flow from recevable Moore could speed up cash lows from this by 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2018. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. 2. Recommend two ways for Moore to speed up its cash flow from receivables. Print Done Balance Sheets (Summarized) Year End Year End 2018 2017 2017 2018 $ 19,000 $ HE 108,000 20,000 20,500 110,000 21,000 Current assets: Cash Marketable securities Accounts receivable, net Inventory Other current assets Long-term assets Total assets Current liabilities: 18,000 $ 14.000 Accounts payable 20,000 9,000 Other current liabilities 53,000 67.000 Long-term liabilities 190,000 186,000 3,000 3,000 Stockholders equity 10,000 284,000 S 289,000 Total liabilities and equity 137.000 137,500 284,000 $ 289,000 es Income Statement (partial): 2018 Sales revenue $ 900,000 Print Done