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Please show your calculations explicitly. RESULTS WITHOUT CALCULATIONS WILL NOT BE ACCEPTED. WRITE INTELLIGIBLY AND ORDERLY. 1) Using the following data below compute the
Please show your calculations explicitly. RESULTS WITHOUT CALCULATIONS WILL NOT BE ACCEPTED. WRITE INTELLIGIBLY AND ORDERLY. 1) Using the following data below compute the required items GIVEN Asset Turnover VALUES 1,25 Average Collection Period Gross Margin 45,6 days 0,4 Finished Goods Inventory Turnover 6 Finished Goods Inventory 100,000.00 Working Capital Turnover 2,5 Current Ratio Equity/Total Sources 1,4 0,25 REQUIRED COST OF SALES NET SALES TOTAL ASSETS TOTAL DEBT/ EQUITY AVERAGE TRADE RECEIVABLES NET WORKING CAPITAL AVERAGE CURRENT ASSETS WORKING CAPITAL CYCLE
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