can someone help me on these parts that are red? thank you!
Thu, Jan 25, 2020, 5.52.30 PM (America/Los Angeles-07.00) Question 5 5 port View Policies Show Attempt History Current Attempt in Progress erter The following data were taken from the income statements of Pharoah Company Sales revenue Beginning inventory Purchases Ending Inventory 2020 2019 $6,434,000 $6,258,000 962.000 832,000 4,943.000 4,345,900 1.000.000 962.000 arce Your answer is correct. Compute the inventory turnover for each year. (Round answers to 1 decimal places 125) 2020 2019 Inventory turnover 5 times 47 times e Textbook and Media Your answer is partially correct Compute days in inventory for each year Round answers to decimal place :124 Us 365 ders for cole) 2019 Days in inventory 24 days 22 e Textbook and Media Guide cocinstructure.concourses/22387/assignments/5761107 module item id-1202157 is in milions) 2020 2019 Current Awas $9.40 $8.720 Property, plant and equipment (net) 2010 1,30 Other as 1.450 1730 $13,100 $12.290 Liabilities and Stockholders' Equity Currentes $3,250 1,30 1.290 1.340 Stockholders' equity 8.560 7610 Total abilities and stockholders equity $13,100 $12.790 tal Prepare a horizontal analysis of the balance sheet data for Larkspur, using 2019 as a bow amount and percentage are a decrease show the numbers as negative, es-55,000.-20% or (55.0001. (2016). Roune LARKSPUR, INC Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2019 2020 Increase (Decrease) 2019 Assets Current AS 59.640 58.720$ 120 104 Property, plant, and equipment (net) 2010 1840 130 Others 1.450 1.730 210 16 Total 513100 512290 $ 30 30 Liabilities and Stockholders' Equity Current Labs Long-term aces 53.250 3.40 $ -22 1 290 1.340 8.560 7610 121 Stockholders et Total labetes and stockholders outy 513100 512290 S Preparates of the balance of 10 Question 9 View Policies Show Attempt History Current Attempt in Progress - Your answer is partially correct. Larkspur, Inc. had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $17,500. 7 Purchased equipment for $30,300 cash 11 Paid $2,900 for a 1-year insurance policy. 14 Paid accounts payable of $14.700. 18 Declared cash dividends. $4,600. Additional information: As of February 1, 2020 current assets were $139,300 and current liabilities were $33.400 Compute the current ratio as of the beginning of the month and after each transaction (Round all answers to 2 decimal places, eg. 1.83: 1.) Current ratio as of February 1, 2020 4.17 1 Feb.3 :1 Feb.7 3.26 .1 Feb. 11 3.26 Feb. 14 5.04 1 Feb. 18 1 e Textbook and Media Question 9 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Larkspur, Inc. had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $17,500 7 Purchased equipment for $30,300 cash 11 Paid $2,900 for a 1-year insurance policy. 14 Pald accounts payable of $14.700. 18 Declared cash dividends. $4,600. Additional information: As of February 1, 2020, current assets were $139,300 and current liabilities were 533,400 Compute the current ratio as of the beginning of the month and after each transaction (Round all answers to 2 decimal places, eg. 1.83:1) Current ratio as of February 1, 2020 1 Feb. 4.17 11 Feb.7 :1 Feb. 11 320 Feb. 14 5.04 1 Feb. 18 1 eTextbook and Media
