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Q4. Using the information of the attached Balance Sheet and Profit and Loss Statement (Attached as follows). Calculate the following ratios. (Please show the detailed

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Q4. Using the information of the attached Balance Sheet and Profit and Loss Statement (Attached as follows). Calculate the following ratios. (Please show the detailed calculation and problem-solving steps 1) Net Working Capital (year 1 )= Net working capital (year 2 )= 2) Current Ratios in year 1= Current Ratios in year 2= Quick Ratios in year 1= Quick Ratios in year 2= Acid Test Ratios in year 1= Acid Test Ratios in year 2= 3)Debt to Solvency ratios in year 1= Debt to Solvency ratios in year 2= Times interest Earned Ratios in year 1= Times interest Earned Ratios in year 2= 4) Inventory turn over ratio in year 1= Inventory turn over ratio in year 2= 5) The account receivable turnover ratio in year 1 and year 2 . (If Credit sale is 10% of the total sales) The account payable turnover ratio in year 1 and year 2 . (If Credit sale is 25% of the goods purchased) 6) Return on invested capital ratio in year 1= Return on invested capital ratio in year 2= Return on owner's equity ratio in year 1= Return on owner's equity ratio in year 2= Profit as a percentage of sales ratio in year 1= Profit as a percentage of sales ratio in year 2= Figure 14-2 Comparative Profit-and-Loss Statement Comparative Profit-and-Loss Statement

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