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Part 3 of 3 3.34 points Skipped eBock Required information 3. You decide, finally, to assess the company's liquidity and asset management. For both
Part 3 of 3 3.34 points Skipped eBock Required information 3. You decide, finally, to assess the company's liquidity and asset management. For both this year and last year, compute a. Working capital. b. The current ratio. (Round your final answers to 2 decimal places.) c. The acid-test ratio. (Round your final answers to 2 decimal places.) d. The average collection period. (The accounts receivable at the beginning of last year totaled $1,640,000) (Use 365 days in a year Round your intermediate calculations and final answers to 2 decimal place.) e. The average sale period. (The inventory at the beginning of last year totaled $2.000.000) (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal place.) f. The operating cycle. (Round your intermediate calculations and final answers to 2 decimal place.) g. The total asset turnover. (The total assets at the beginning of last year totaled $13,040,000) (Round your final answers to 2 decimal places.) a Working capital Print b. The current ratio c The acid-test ratio d. The average collection period References e The average sale period The operating cycle g The total asset turnover This Year Last Year days days days days days days
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