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Condensed financial statements for Games Galore are summarized below: Required: Compute the following liquidity ratios for 2022. Round to the required number of decimal places
Condensed financial statements for Games Galore are summarized below: Required: Compute the following liquidity ratios for 2022. Round to the required number of decimal places using the Excel =ROUND function Current ratio (rounded to one decimal place) Accounts receivable turnover (rounded to two decimal places) Days' sales uncollected (rounded to the nearest whole day) Inventory turnover (rounded to two decimal places) Days' sales in inventory (rounded to the nearest whole day) \begin{tabular}{|l|l|} \hline & \\ \hline & times \\ & days \\ & times \\ \hline & days \\ \hline \end{tabular} Compute the following Solvency Ratios for 2022. Round to the required number of decimal places using the Excel =ROUND function Debt to equity ratio ("\%" format, rounded to one decimal place). Times interest earned (rounded to one decimal place) times Compute the following Profitability Ratios for 2022. Round to the required number of decimal places using the Excel =ROUND function Profit margin ratio ("\%" format, rounded to one decimal place) Gross margin ratio ("\%" format, rounded to one decimal place)
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