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Plumb Exctrons which makes DVD players, reported the following items at February 29, 2020, (amounts in thousands with last year's-2019amounts also given as nen) (Click

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Plumb Exctrons which makes DVD players, reported the following items at February 29, 2020, (amounts in thousands with last year's-2019amounts also given as nen) (Click the icon to view the financial data) Compute for 2020 Plumb Electronics's (a) acid-test rato, (b) days' sales in average receivables, (c) current ratio, (d) debt ratio, (e) gross margin percent, and (1) inventory turnover Evaluate each ratio value is strong or weak. Assume Plumb Electronics solls on terms of net 30. (a) Calculate the acid test ratio for 2020 (Round your final answer to two decimal places.) Acid fost ratio Plumb Exctrons which makes DVD players, reported the following items at February 29, 2020, (amounts in thousands with last year's-2019amounts also given as nen) (Click the icon to view the financial data) Compute for 2020 Plumb Electronics's (a) acid-test rato, (b) days' sales in average receivables, (c) current ratio, (d) debt ratio, (e) gross margin percent, and (1) inventory turnover Evaluate each ratio value is strong or weak. Assume Plumb Electronics solls on terms of net 30. (a) Calculate the acid test ratio for 2020 (Round your final answer to two decimal places.) Acid fost ratio

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