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Can someone please help with this question since the first person that answered got it incorrect? Thanks. Financial statements for the Genatron Manufacturing Corporation for
Can someone please help with this question since the first person that answered got it incorrect? Thanks.
Financial statements for the Genatron Manufacturing Corporation for the years 2020 and 2019 are shown. LIABILITIES AND EQUITY Calculate Genatron's dollar amount of net working capital in each year. Calculate the current ratio and the acid-test ratio in each year. (Round answers to 2 decimal places, e.g. 52.75.) Calculate the average collection period and the inventory-turnover ratio in each year. (Use 365 days for calculation. Round Average collection period to 1 decimal place, e.g. 527.5 and other answers to 2 decimal places, e.g. 52.75.)
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