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P 6-19 JA. Appliance Company has supplied you with the following data regarding work- ing capital and sales for the years 2011, 2010, and 2009.

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P 6-19 JA. Appliance Company has supplied you with the following data regarding work- ing capital and sales for the years 2011, 2010, and 2009. 2011 2010 Working capital $240,000 $650,000 $600.000 $500,000 Sales Industry average for the ratio sales to working capital 410 times 405 times 400 times

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