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Laas Company reported the following selected items at July 31, 2018 (last year's-2017-mounts also given as needed): (Click the icon to view the selected items)
Laas Company reported the following selected items at July 31, 2018 (last year's-2017-mounts also given as needed): (Click the icon to view the selected items) 14. Compute Lovets (a) acid-test ratio, (b) accounts receivable turnover ratio, and (c) days sales in receivables as of July 31, 2018 (a) Determine the formula, then compute the acid-test ratio. (Abbreviations used: Cash decimals, XXX) Cash including cash equivalents:ST invest. - short-term investments. Enter the acid-test ratio to two - Acid-test ratio Cash including cash equivalents:ST invest short term investments, AR - Accounts (b) Determine the formula, then compute the accounts receivable turnoverrato (Abbreviations used Cash Receivable Round the accounts receivable turnover ratio to two decimal places, XOXOX) AR tumover ratio Choose from any list or enter any number in the input fields and then continue to the next question Laas Company reported the following selected items at July 31, 2018 (last year's-2017-mounts also given as needed): (Click the icon to view the selected items) 14. Compute Lovets (a) acid-test ratio, (b) accounts receivable turnover ratio, and (c) days sales in receivables as of July 31, 2018 (a) Determine the formula, then compute the acid-test ratio. (Abbreviations used: Cash decimals, XXX) Cash including cash equivalents:ST invest. - short-term investments. Enter the acid-test ratio to two - Acid-test ratio Cash including cash equivalents:ST invest short term investments, AR - Accounts (b) Determine the formula, then compute the accounts receivable turnoverrato (Abbreviations used Cash Receivable Round the accounts receivable turnover ratio to two decimal places, XOXOX) AR tumover ratio Choose from any list or enter any number in the input fields and then continue to the next
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