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Data Table w Balance Sheets (Summarized) Year End Year End 2018 2017 2018 2017 $ 19,000 $ 104,000 Current assets: Cash Marketable securities Accounts receivable,

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Data Table w Balance Sheets (Summarized) Year End Year End 2018 2017 2018 2017 $ 19,000 $ 104,000 Current assets: Cash Marketable securities Accounts receivable, net Inventory Other current assets Long-term assets Total assets Current liabilities: $ 17,000 $ 13,000 Accounts payable 26,000 15,000 Other current liabilities 50,000 64,000 Long-term liabilities 192,000 188,000 2.000 2,000 Stockholders' equity 10.000 $ 287,000 $ 292,000 Total liabilities and equity 20,500 106,000 21,000 20,000 144,000 144,500 $ 287,000 $ 292,000 Income Statement (partial): Sales revenue 2018 $ 855,000 Print Done CBOOK Pro 80 COD F4 F7 FB FO Pawnee Corporation reported the following items at December 31, 2018, and 2017 Click the icon to view the comparative financial information) Read the requirements Requirement 1. Computo the company's (a) quick (acid-teat) ratio and (m) days' sales outstanding for 2018. Evaluate each ratio value as strong or weak. Al sales are on account with terms of net 30 days. (a) Enter the formula and calculate the quick (acid-test) ratio for 2018. (Abbreviation used Cash Cash and cash equivalents. Round your final answer to two decimal places.) Quick (acid-test) ratio Pawnee's quick (acid-test) ratio is considered (b) Select the formula and calculate Pawnee's days' sales outstanding for 2018. (Round interim calculations to two decimal places, Xxxx, Round the days sales outstanding up to the next whole day) Days' sales outstanding hee's days' sales outstanding relative to credit forms of net 30 days Requirement 2. Recommend two ways for Pawnee to speed up its cash flow from receivables Pawnee could speed up cash flows from receivables by or Choose from any list or enter any number in the input fields and then continue to the next

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