1. Calculate the Current Ratio
2. Calculate Acid-Test (Quick) Ratio
3. Calculate Inventory Turnover
4. Calculate Accounts Receivable Turnover

OMEGA COMPANY: THE LUABLITES AND EQUITY SIDE OF THE BALANCE SHEET 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test (Quick) Ratio = (Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold ) (Average Inventory) 11. Accounts Receivable Turnover =( Net Credit Sales )+( Average Net Accounts Receivable ) OMEGA COMPANY: THE LUABLITES AND EQUITY SIDE OF THE BALANCE SHEET 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test (Quick) Ratio = (Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold ) (Average Inventory) 11. Accounts Receivable Turnover =( Net Credit Sales )+( Average Net Accounts Receivable )