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For this week, you will be computing different financial ratios based on information presented in the tables below. Chart 1 ABC Group 123 Company Beginning

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For this week, you will be computing different financial ratios based on information presented in the tables below. Chart 1 ABC Group 123 Company Beginning accounts receivable; $75,000 $92,000 Ending accounts receivable $125,000 $123,000 Net credit sales $324,000 $401,000 Chart 2 Balance Sheet Year 1 Income Statement Year 1 Balance Sheet Year 2 Income Statement Year 2 Beginning Inventory $29,000 $10,826 Purchases $10,000 $7,435 Goods Available for Sale $39,000 $18,261 Ending Inventory $10,826 $5,980 Cost of Goods Sold $28,174 $12,281 $10,826 Please complete the following tasks: 1. Complete each of the calculations listed below (A C). A. (Use Chart 1) You are an investor looking to contribute nancially to either the ABC Group or the 123 Company. Based on the information provided: 0 Compute the accounts receivable turnover ratio. 0 Compute the number of days' sales in receivables ratio for both ABC Group and 123 Company (round all answers to two decimal places). 0 Interpret the outcomes, stating which company you would invest in and why. B. (Use Chart 2) Compute the inventory turnover ratio, 0 Interpret the outcomes C. (Use Chart 2) Compute the number of days' sales in inventory ratio, 0 Interpret the outcomes 2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A C). 3. Did you encounter issues completing any Unit 5 assignments? Please explain. 4. You are halfway through the course. What are your thoughts about the course and the material that has been covered at this point? Be sure that your Learningjournal entry is a minimum of 500 words. Make sure you cite and reference your sources of information in the APA format

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