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Acondensed balance sheet for Bradford Corporation prepared at the end of the vear anneare as follinive Required: During the vear, the company earned a gross
Acondensed balance sheet for Bradford Corporation prepared at the end of the vear anneare as follinive Required: During the vear, the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year, so year-end figures may be used rather than averages. A. Comoute the current ratio. Note: Round your answer to 2 decimal place. A. Compute the quick ratio. Note Round your answer to 2 decimal place. C. Compute the working capital. D. Compute the debt ratio. Note: Round your percentage answer to nearest whole percent. Le. 0.1234 as 12X. E. Compute the accounts recelvable turnover (all sales were on credit) Note: Round your answe? 2 decimal places. F. Compute the inventory turnower. Note- Round your answer to 2 decimal places. G. Compute the book value per share of capital stock. Note Round your answer to 2 decimal places
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