Question
Good Afternoon, I'm trying to answer step 3 of Chapter 5, End of Chapter, Additional Perspectives,Exercise AP5-2 from Spiceland 5 ed. for American Eagle Appendix
Good Afternoon,
I'm trying to answer step 3 of Chapter 5, End of Chapter, Additional Perspectives,Exercise AP5-2 from Spiceland 5 ed. for American Eagle Appendix A
The question is
Try to estimate each company's ratio of total current receivables to total current assets.(Round your answers to 2 decimal places.)
I'm using 204163 divided by 121621 that is net income by average of days, also tried comprehensive income 209,830 divided by 121621. Since those not work I read your instructions on step 1 in your website, and so I used as net income 795,549 divided by 121621.
Maybe I need to go somewhere else in appendix A. Would you please help me with it? (I haven't tried yet the other exercise with Appendix B.)
Adding information.
The book doesn't allow me to copy the appendix A I hoped you would have it since you offer solutions about that book. I tried to use the snipping tool but I cannot paste here either. If you don't have access to the book, but you would be so kind to provide me another way that I can put pictures of the Appendix A, I would appreciate it.
Thank you,
Carmen
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