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K The financial statements of Dobson News, Inc., include the following items (Click the icon to view the financial statements.) Requirements Requirement 1. Compute
K The financial statements of Dobson News, Inc., include the following items (Click the icon to view the financial statements.) Requirements Requirement 1. Compute the following ratios for 2020 and 2019 a. Current ratio Select the formula, and then enter the amounts to calculate the current ratio. (Round the ratios to two decimal places.) Current ratio 2020 2019 b. Quick (acid-test) ratio Select the formula, and then enter the amounts to calculate the acid-test ratio (Abbreviations used: Avg average, ST short-term, and Cash cash and cash equivalents. Round the ratios to two decimal places.) Acid-test radio 2020 ( 2019 c. Inventory turnover and days' inventory outstanding (DIO) Begin by selecting the formula, and then enter the amounts to calculate inventory turnover. (Round the ratios to two decimal places.) 2020 2019 Inventory turnover
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