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parts a-c please, due in 30 minutes!! thank you! West Highland Clothiers reporied the following selected items at February 29,2024 (last yoar's - 2023-amounts also
parts a-c please, due in 30 minutes!! thank you!
West Highland Clothiers reporied the following selected items at February 29,2024 (last yoar's - 2023-amounts also given as needed): (Click the icon to viow the financial data.) Compute West Highlands (a) acid test ratio, (b) accounts receivable tumover ratio, and (c) days sales in receivables for the year ending Fobruary 29 , 2024 . Evaluale each ratio value as strong of weak. West Highland sels on terms of net 30. (Round days' sales in receivables to a whole number) (lanore loop-years, using a 365 -day wheto needed) Recenv. = Recolvatie, Rew, = Renerue.) West Highland's positon is (0) Compute West Highlande accounta receivabie tumover rabo. (Found yout final antwer to two decimai piaces.) Evaluate West Highlands accounts toceivable turnover ratio as strong of weak West Highlands accounts receivable turnover taso is relative to crect terms of net 30 . (c) Compute West Highlands days' sales in recolvables for the year onding Fobruary 29, 2024. (Round days' salos in recolvables to a whole number.) Calculate days' sales in receivables. (bonore leaps years and use a 365-day year. Round inlerim calculations to two decimal places, XXXX, Round your final antwer to the nearest whole numcer) Evaluate West Highland daye' sales in aveeage receivabies as ttrong or weak The days' salos in avernge receivables are relative to credt terms of net 30 . Data table Step by Step Solution
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