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Problem 3 - 2 2 ( Algo ) Overall ratio analysis [ LO 3 - 2 ] The balance sheet for Revolution Clothiers is shown
Problem Algo Overall ratio analysis LO The balance sheet for Revolution Clothiers is shown below. Sales for the year were $ with percent of sales sold on credit. Compute the following ratios: Note: Use a day year. Do not round intermediate calculations. Round your answers to decimal places. Input your debttototal assets answer as a percent rounded to decimal places. tablea Current ratio,,timesb Quick ratio,times,c Debttototalassets ratio,d Asset turnover,,e Average collection period,,dimes
Problem Algo Overall ratio analysis LO
The balance sheet for Revolution Clothiers is shown below. Sales for the year were $ with percent of sales sold on credit.
Compute the following ratios:
Note: Use a day year. Do not round intermediate calculations. Round your answers to decimal places. Input your debttototal assets answer as a percent rounded to decimal places.
tablea Current ratio,,timesb Quick ratio,times,c Debttototalassets ratio,d Asset turnover,,e Average collection period,,dimes
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