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Check my A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows. Assets Liabilities & Stockholders' Equity $

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Check my A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows. Assets Liabilities & Stockholders' Equity $ Cash 98 , 000 41, 000 $ Notes payable (due in 6 months) Accounts receivable 150 , 000 Accounts payable 113 , 000 eBook Inventory 250, 000 Long-term liabilities 374 , 000 Prepaid expenses 60,000 Capital stock, $5 par 300, 000 References Plant & equipment (net) 570, 000 Retained earnings 390 , 000 Other assets 90, 000 Total $1, 218, 000 Total $1, 218, 000 During the year the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year, so year-end figures may be used rather than averages. a. Compute the current ratio. (Round your answer to 2 decimal place.) b. Compute the quick ratio. (Round your answer to 2 decimal place.) c. Compute the working capital. d. Compute the debt ratio. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.) e. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to 2 decimal places.) f. Compute the inventory turnover. (Round your answer to 2 decimal places.) g. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.) a. Current ratio b . to 1 Quick ratio to 1 C. Working capital d. Debt ratio A % Accounts receivable turnover

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