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Name Date 17-2 APPLICATION PROBLEM (concluded) 2. Within Favorable Trend Acceptable Range Actual Ratio Target Range Low Prior Year High 68.0% Current Year Merchandise invenfory
Name Date 17-2 APPLICATION PROBLEM (concluded) 2. Within Favorable Trend Acceptable Range Actual Ratio Target Range Low Prior Year High 68.0% Current Year Merchandise invenfory 64.5%o 60.12 78.8% 74.7%l 21-1% 22.09% 65.0% Total current assets 76.0% 78.0% Total plant assets 22.0% 24.0 % Total liabilities 15.0% 20.0% Total stockholders' equity 8d 7% 85.7% 80.0 % 85.0% Chapter 17 so14 Coneane Leaning All Rts Rerv
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