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Need help with the pictured questions and written questions below!! Does Percy or Iroquois have the better short term position? Who has the better investment,
Need help with the pictured questions and written questions below!!
Required information Ratio analysis [The following information applies to the questions displayed below] Summary information from the financial statements of two companies competing in the same industry follows. Ratio Analysis Problem 4 lequired: a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) days' sales in inventory, and ( f days' sales uncollected, (Do not round intermediate calculations.) b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio. Required: la. For both companies compute the (a) current ratio, (b) acid-test ratio, (d) accounts receivable turnover, (d) inventory turnover, (e) days' sales in inventory, and ( f days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the acid-test ratio. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( C ) accounts receivable turnover, ( d ) inventory turnover, ( ( ) days' sales in inventory, and (f) days' sales uncollected, (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the accounts (including notes) recelvable turnover. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, days' sales in inventory, and ( f days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the inventory turnover. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) days' sales in inventory, and (f) days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the days' sales in inventory. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d) accounts recelvable turnover, (d) inventory turnover, (e) days' sales in inventory, and (i) days' sales uncollected. (Do not round intermediate calculations.) 16. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the days' sales uncollected Does Percy or Iroquois have the better short term position? Who has the better investment, Percy or Iroquois?
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