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Calculate the following liquidity ratios for 2020. (If working capital is negative then enter with a negative sign preceding the number or parentheses, eg. -15,000
Calculate the following liquidity ratios for 2020. (If working capital is negative then enter with a negative sign preceding the number or parentheses, eg. -15,000 or (15,000). Round all answers except working capital to 2 decimal places, eg, 255) 2 Working capital S 1506,380) b. Current ratio 83 c Acid-test ratio 44 d Accounts receivable turnover 12.09 times Wb. Umimited le-f) Your answer is correct Calculate the following liquidity ratios for 2020. (Round average collection period to O decimal place eg 25 and inventory turnover ratio to 2 decimal places, eg 5.12. Use 365 days for calculation.) Average collection period 30 days b Inventory turnover 7.60 times e Textbook and Media Your answer is incorrect Calculate average days to sell inventory for 2020. (Round answer to 0 decimal places, eg: 25. Use 365 days for calculation.) Average days to sell inventory 30 days e Textbook and Media Save For Later Attempts: unlimited Submit
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