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answer all please Exercise 9.6A (Algo) Working capital and current ratio LO 09.02 On June 30, Year 3, Stuart Company's total current assets were $495,500
answer all please
Exercise 9.6A (Algo) Working capital and current ratio LO 09.02 On June 30, Year 3, Stuart Company's total current assets were $495,500 and its totat current liabilities were $276,500. On July 1, Yeat 3. Stuart issued a short-term note to a bank for $41,200 cash. Required a. Compute Stuart's working capital before and after issuing the note. b. Compute Stuart's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places. Answer is complete but not entirely correct. Exercise 9-10A (Algo) Number of times interest earned LO 0903 The following data come from the financial records of Jordan Corporation for Year 3: Required How many times was interest earned in Year 3? Note: Round your answer to 2 decimal places. (*) Answer is complete but not entirely correct. Exercise 9-11A (Algo) Accounts receivable turnover, inventory turnover, and net margin LO 09.02, 09.04 Selected data from Gibson Company follow: Required a. Compute the accounts recelvable tumover for Year 3 . b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2. Note: For all requirements, round your answers to 2 decimal places Step by Step Solution
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