Accounting help

Lakota Corporation reported the following items at December 31, 2018, and 2017 B (Click the loon to view the comparative Sinancial Information.) Read the requirements Requirement 1. Compute the oompany's (a) quick (acid-des) ratio and (b) days' sales outstanding for 2018. Evaluate each ratio value as strong or weak. All sales are on account with torms of net 30 days (a) Entor the formuda and calalato he quick (acid-test) filo for 2018. (Abbreviation used Cash. . Cashand cash ogu valent Round your Ind answer to hodednal es) Lakota's quick (acid-test) ratio is considered Days sales custanding relative to credit terms of net 30 days Lakota's days' sales outstanding Requirement 2.Recommend two ways for Lakota to speed up its cash Bow om neceivables Lakola codd speed up cash fows from receilvables tb