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are presented below. End of Year Beginning of Year Cash and cash equivalents $1,135 $112 Accounts receivable (net) 3,200 3,000 Inventory 1,400 1,400 Other
are presented below. End of Year Beginning of Year Cash and cash equivalents $1,135 $112 Accounts receivable (net) 3,200 3,000 Inventory 1,400 1,400 Other current assets 817 470 Total current assets $6,552 $4,982 Total current liabilities $3,120 $2,482 For the year, net credit sales were $12,710 million, cost of goods sold was $8,260 million, and net cash provided by operating activities was $1,253 million. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year. (Round Current ratio to 2 decimal places, e.g. 1.62 and all other answers to 1 decimal place, e.g. 1.6.) Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory :1 times days times days
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