) Cash* + ST investments Acid-test ratio 1.25 + $ 2018 ( $ 77,000 2017 ( $ 103,000 Current + Net receivables )/ liabilities + $ 81,000 )/ $ 137,000 + $ 84,000 93,000 13,000 24,000 + $ ) / $ 2.27 c. Inventory turnover and days' inventory outstanding (DIO). Begin by selecting the formula and then enter the amounts to calculate inventory turnover. (Round the ratios to two decimal places, X.XX.) II Inventory turnover 2018 2017 baada fransa Hotarantarunabari #benut faldeandbaniel nael ADOLLAR Balance sheet: Cash $ 77,000 $ 13,000 103,000 24,000 Short-term investments Net receivables Inventory 81,000 84,000 65,000 68,000 94,000 6,000 75,000 4,000 290,000 Prepaid expenses Total current assets Accounts payable Total current liabilities 271,000 80,000 55,000 45,000 93,000 137,000 Income statement: Net credit sales Cost of goods sold $ 496,000 $ 503,000 278,000 279,000 Print Done