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DUFFY DOG INC. Statement of Financial Position (partial) December 31 (in thousands) 2018 2017 2016 Current assets Cash Held for trading investments Accounts receivable, net
DUFFY DOG INC. Statement of Financial Position (partial) December 31 (in thousands) 2018 2017 2016 Current assets Cash Held for trading investments Accounts receivable, net Inventory Prepaid expenses $30 $91 60 40 496 570 29 $1,430 $1,320 $1,195 $ 877825 757 60 588 529 52 679 625 Total current assets Total current liabilities Additional information: 2018 2017 2016 (in thousands) Allowance for doubtful accounts $ 50 45 $40 Net credit sales Cost of goods sold 4,159 3,964 3,686 2,908 2,666 2,350 Calculate all possible liquidity ratios for 2018 and 2017. (Round current ratio to 2 decimal places e.g. 2.66. Round receivables turnover and inventory turnover to 1 decimal place e.g. 6.2. Round collection period and days sales in inventory to 0 decimal places e.g. 1,266. Enter working capital amounts in thousands e.g. 525.) 2018 2017 Working capital Current ratio Receivables turnover Collection period Inventory turnover Days sales in inventory times times days times days days times days
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