Question
For each the ratios given below indicate: 1. Its formula 2. Where the inputs come from: - a. Only the balance sheet - b. Only
For each the ratios given below indicate:
1. Its formula
2. Where the inputs come from:
- a. Only the balance sheet
- b. Only the income statement
- c. Both the balance sheet and the income statement
3. what they measure
Accounts receivable turnover
1. Its formula
2. Where the inputs come from:
- a. Only the balance sheet
-b. Only the income statement
- c. Both the balance sheet and the income statement
3. what they measure
Acid-test ratio
1. Its formula
2. Where the inputs come from:
- a. Only the balance sheet
- b. Only the income statement
-c. Both the balance sheet and the income statement
3. what they measure
Thank you
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