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Based on the XYZ INC's records below, answer the following questions (8 to 11) by computing different ratios (5 pt). Sales in 2019 $750 000,00

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Based on the XYZ INC's records below, answer the following questions (8 to 11) by computing different ratios (5 pt). Sales in 2019 $750 000,00 (all on credit) Cost of Goods Sold in 2019 $400 000,00 Beginning of End of 2019 2019 Accounts Receivable $75 000,00 $95 000,00 Inventory $100 000,00 000,00 . 9.What is the Inventory Turnover Ratio for the year 2019? 3.33 I 3.43 3.53 3.63 Compute the Quick Ratio 0.63:1 0.73:1 0.86:1 0.91:1 Briefly, how do you interpret this result? Between the Current Ratio and the Quick Ratio, which one according to you is the best to know if the firm can meet it debt obligations in the short run? Why? Based on the XYZ INC's records below, answer the following questions (8 to 11) by computing different ratios (5 pt). Sales in 2019 $750 000,00 (all on credit) Cost of Goods Sold in 2019 $400 000,00 Beginning of End of 2019 2019 Accounts Receivable $75 000,00 $95 000,00 Inventory $100 000,00 000,00 . 9.What is the Inventory Turnover Ratio for the year 2019? 3.33 I 3.43 3.53 3.63 Compute the Quick Ratio 0.63:1 0.73:1 0.86:1 0.91:1 Briefly, how do you interpret this result? Between the Current Ratio and the Quick Ratio, which one according to you is the best to know if the firm can meet it debt obligations in the short run? Why

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