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Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below: Year 2 Year 1 Current assets: Cash $ 170 $ 170

Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below:

Year 2 Year 1
Current assets:
Cash $ 170 $ 170
Accounts receivable 170 180
Inventory 150 190
Prepaid expenses 51 61

Total current assets $ 541 $ 601

Current liabilities:
Accounts payable $ 100 $ 100
Accrued liabilities 110 81
Notes payable, short term 61 51

Total current liabilities $ 271 $ 232

Sales on account during the year totaled $1,370 thousand. Cost of goods sold was $855 thousand.

Required:
a. Compute the following working capital for Year 2.(Enter your answer in thousands of dollars, i.e., 100,000 should be entered as 100.)

b. Compute the following current ratio for Year 2. (Round your answer to 2 decimal places.)

c. Compute the following acid-test ratio for Year 2. (Round your answer to 2 decimal places.)

d.

Compute the following accounts receivable turnover for Year 2.(Round your answer to 2 decimal places.)

e.

Compute the following average collection period for Year 2.(Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal place.)

f.

Compute the following inventory turnover for Year 2.(Round your answer to 2 decimal places.)

g.

Compute the following average sale period for Year 2. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal place.)

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