i put the formulas for each question

2. Given the following data: 1989 1990 Cash $ 70,000 Marketable Securities 25,000 Accounts Receivable 120,000 Merchandise Inventory 190,000 Current Liabilities 160,000 Credit Sales (N ET SALES) 3,000,000 Cost of Goods Sold 59,000 21,000 140,000 240,000 152,000 2,716,000 2,160,000 2,500,000 Calculate for 1990: a. Working Capital b. Current Ratio c. Quick Ratio d. Inventory Turnover e Accounts Receivable Turnover a. Working Capital: current Asset current liability b. Current Ratio: current Habilities c. Quick (Acid) Ratio: Cash short-term investments & current receivables current liabilities Ans. Ans. d. Inventory Turnover costs of goods sold average inventary e Accounts Rec. Turnover Net sales Average Accents Rec