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Could please help me to solve the interest receivable? The example: And help me to solve this: Thank you very much. More info Algonquin Corporation

Could please help me to solve the interest receivable?

image text in transcribed

The example: image text in transcribed

And help me to solve this: image text in transcribed

Thank you very much.

More info Algonquin Corporation reported the following items at December 31, 2021, and 2020: (Click the icon to view the comparative financial information.) Read the (a) Enter the formula and calculate the quick (acid-test) ratio for 2021. (Abbreviation used: Cash* = Cash and cash equivalents. Round your final answer to two decimal places.) Data table Apache Corporation reported the following items at December 31, 2021, and 2020: (Click the icon to view the comparative financial information.) Read the requirements. Data table Requirement 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2021. Evaluate each ratio value as strong or weak. All sales are on (a) Enter the formula and calculate the quick (acid-test) ratio for 2021. (Abbreviation used: Cash* = Cash and cash equivalents. Round your final answer to two decimal pl) Apache's quick (acid-test) ratio is considered fairly weak. (b) Select the formula and calculate Apache's days' sales outstanding for 2021. (Round interim calculations to two decimal places, XX.XX. Round the days' sales outstand Apache's days' sales outstanding relative to credit terms of net 30 days. Requirement 2. Recommend two ways for Apache to speed up its cash flow from receivables. Apache could speed up cash flows from receivables by offering discounts for early payments or increasing penalties for late payments

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