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hello!coud someone hlep me with this? Selected nancial data for Quick Sell, Inc., a retail store, appear as follows. Isa: 2 Year 1 Sales (all

hello!coud someone hlep me with this?

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Selected nancial data for Quick Sell, Inc., a retail store, appear as follows. Isa: 2 Year 1 Sales (all on account) 5 794,000 $ 602,000 cost of goods sold 476,000 421,000 average inventory during the year 108,000 98,000 Average receivables during the year 150,000 100,000 \\ a'l. Compute the gross prot percentage for both years. (Round your percentage answers to the nearest whole number. Le. 0.1234 as 12%.) 8-2. Compute the inventory turnover for both years. (Round your answers to 1 decimal place.) a-3. Compute the accounts receivable turnover for both years. (Round your answers to 1 decimal place.) 1:. Which of the following show a positive or negative trend? Sales $ 31,000 $ 71,000 $ 60,000 $55,000 $50,000 Cost of goods sold 68,400 53,700 39,900 41,700 30,000 Dollar amounts stated are in thousands. 3. Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a ve-year pe Treat 2017 as the base year. b. State whether the trends are favorable or unfavorable. A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows. Assets Liabilities & Stockholders' Equity Cash S 91,000 Notes payable (due in 6 months) $ 44,000 Accounts receivable 110,000 Accounts payable 99,000 Inventory 270, 000 Long-term liabilities 384 , 000 Prepaid expenses 60,000 Capital stock, $5 per 300,000 Plant & equipment (net) 570,000 Retained earnings 364,000 other assets 90,000 Total $1,191,000 Total $1,191,000 During the year the company earned a gross prot of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year. so year-end gures may be used rather than averages. a. Compute the current ratio. (Round your answer to 2 decimal place.) b. Compute the quick ratio. (Round your answer to 2 decimal place.) c. Compute the working capital. d. Compute the debt ratio. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.) e. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to 2 decimal places.) f. Compute the inventory turnover. (Round your answer to 2 decimal places.) 9. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.)

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