Homework! Chapter 12 Homework Save Score: 0 of 25 pts 4 of 10 complete HW Score 0%, 0 of 100 pts E12-21A (similar to) Question Help The facilements of Dobson News, Inc., include the following items Click the loon to view the financial sements) Read the rements Data Table Requirement 1. Calculate the following utos for 2018 and 2017. When calculating de a. Current Select the formule and then enter the amounts to calculate the current ratio (Round Current 2018 2017 2016 s 12.000 25.000 26.000 $ 16.000 50.000 87,000 13.000 73000 Balance sheet Cash Short term investments Netreceivables Inventory Prepaid expenses Total current Accounts payable Te currentes 0 Requirements 30.000 60.000 69.000 9.000 208.000 30 000 192.000 55.000 131.000 000 91.000 Income statement $ 1. Calculate the following ratios for 2018 and 2017. When calculating days, round your answer to the newest whole number Current i b. Quick (acid-test) c. Inventory tumover and days inventory outstanding (10) d. Accounts receivable tumover . Days' sale in verge recebis or days's sanding (DSO) Accounts payabilumover and days payable outstanding (DPO) Use cost of goods sold in the formula for counts payable tumover Cashconversion cycle in days) (When calculating days, round your answer to the nearest whole number) 2. Evaluate the company's quity and current de paying ability for 2018. Hos It improved ordered from 2017 3. As a manager of his company, what would you try to improve next year? Nel credits Cost of goods sold 500,000 274.000 504,000 277.000 Print Done 1 Clear All Check Answer MacBook Air 30 os # 3 % 5 & 4 2 6 8 7 9