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ED-20 The financial statements of Victory's Natural Foods include the following items: Compute the following ratios for the current year: a. Current ratio b. cash

ED-20 image text in transcribed
The financial statements of Victory's Natural Foods include the following items: Compute the following ratios for the current year: a. Current ratio b. cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage (assume all sales arc on credit)

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