Moore Corporation reported the following lems at December 31, 2018, and 2017 Click the icon to view the comparative financial information) Read the ent Requirement 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2018. Evaluate each rato value as strong or weak. Al sales are an account with terms of net 30 deym (a) Enter the formula and calculate quick (acid-test) alio for 2018 (Abbreviation used Cast Cash and cash equivalents. Round your final answer to two decimal places) Quick jacke Moore's quick (acid-test) ratio is considered (b) Select the formula and calculate Moon's days' sales outstanding for 2018. (Round term calculations to two decimal places, 30X30C Round the days' s Moore's days sales butstanding Deys sales outstanding Yiative to credit terms of oet 30 days Requirement 2. Recommend two ways for Moore to speed up its cash flow from receivables Moors could speed up cash fows thom receivables by 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2018. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. 2. Recommend two ways for Moore to speed up its cash flow from receivables. Print Done Data table Current assets: Balance Sheets (Summarized) Year End 2018 2017 Current liabilities: Year End 2018 2017 Data table Accounts Cash $ 12,000 $ 8,000 payable Other $ 19,000 $ 20,500 Marketable current securities 25,000 14,000 liabilities 107,000 109,000 Accounts receivable, Long-term net 56,000 70,000 liabilities 20,000 21,000 Data table Inventory 194,000 190,000 Other current assets Stockholders' 5,000 5,000 equity 146,000 146,500 Long-term assets 10,000 Total liabilities Total assets $ 292,000 $297,000 and equity $ 292,000 $297,000 Income Statement (partial): Sales 2018 revenue $ 819,000