Chapter 20 | Analyzing Financial Statements mation Bavailaple: Kerbe, Inc. and Telcom Inc. are similar firms that operate within the same industry. The following Telcom Inc. Write a brief essay comparing Kerbey and Telcom based on the preceding information. Your dis- cussion should include their relative ability to meet current obligations and to use current assets Current ratio. Acid-test ratio Accounts receivable rumover Merchandise iurnover... Working capital, Required 2011 2009 2010 2009 Kerbey Inc. 2010 1:9 1.2 7.8 2.2 1.3 2011 3.3 2.9 2.0 2.8 2.6 30.5 25.2 24.2 21.9 $65,000 $53,000 29.2 17.1 $47,000 16.4 15.2 14.5 13.0 $126,000 $98,000 16.0 12.6 $73,000 ....... efficiently. The 2011 financial statements of Tooner Corporation follow Chapter 20 Araying Finance Stements tyle and Tecom Inc. are there with the same day The town information is available 2011 Herbey Bee 2010 Telce 2010 2009 2011 2009 Current Add testato Accounts receivable Mechando um 0.5 257 232 164 24 21 185.000 53.000 47.000 1.000 1.000 1200 Required web at det wew