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Please show calculation NOTE: ALL 5 STEPS ARE PART OF THE SAME PROBLEM. COMPLETE ALL FOR POINTS. Nabisco Company's year-end balance sheets follow. Express the

Please show calculation

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NOTE: ALL 5 STEPS ARE PART OF THE SAME PROBLEM. COMPLETE ALL FOR POINTS. Nabisco Company's year-end balance sheets follow. Express the balance sheets in common-size percent Round amounts to the nearest one-tenth of a percent. Analyze and comment on the results. At December 31 2015 2014 2013 Assets Cash 36,229 $ 42,780 $ 44,562 Accounts receivable, net 106,073 76,377 57,087 Merchandise inventory 137,408 98,929 62,038 Prepaid expenses 11,548 11,003 4,903 Plant assets, net 335,317 311,062 272,710 Total assets $ 626,575 $ 540,151 $ 441,300 Liabilities and Equity Accounts payable $ 157,577 $ 94,024 $ 57,087 Long-term notes payable secured by mortgages on plant assets 116,618 127,962 99,478 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 188,880 154,665 121,235 Total liabilities and equity 626,575 $ 540,151 $ 441,300 Refer to Nabisco Company's balance sheets in exercise one. Analye its year-end short-term liquidity position at the end of 2015, 2014, and 2013 by computing (1) the current ratio and ( the acid-test ratio. Comment on the ratio results. (Round ratio amounts to two decimals.) ) Refer to the Nabisco Company information in exerciss above. The company's income statements for the years ended December 31, 2015 and 2014, follow. Assume that all sales are on credit and then compute: (1) days' sales uncollected, (2) accounts receivable turnover, (3) inventory turnover, and (4) days' sales in inventory. Comment on the changes in the ratios from 2014 to 2015. (Round amounts to one decimal.)

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