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From the data below, produce the following financial rates for Business XYZ and comment on your current business situation. Indicators: to. Short-term solvency rate b.
From the data below, produce the following financial rates for Business XYZ and comment on your current business situation. Indicators: to. Short-term solvency rate b. Short-term debt rate c. Inventory turnover rate d. Average days of accounts receivable The data for the company are: Sales of the year: $ 250,000 Current assets: $ 220,000 Inventory: $ 50,000 Accounts receivable: $ 35,000 Current liabilities: $ 121,000 one
From the data below, produce the following financial rates for Business XYZ and comment on your current business situation.
Indicators:
to. Short-term solvency rate
b. Short-term debt rate
c. Inventory turnover rate
d. Average days of accounts receivable
The data for the company are:
Sales of the year: $ 250,000
Current assets: $ 220,000
Inventory: $ 50,000
Accounts receivable: $ 35,000
Current liabilities: $ 121,000
one
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