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QUESTION 3 Shown below are selected financial data for VIZOLT and RYCO Inc., at the end of the current year: VOLT RYCOIN Kostoled Sold Acts

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QUESTION 3 Shown below are selected financial data for VIZOLT and RYCO Inc., at the end of the current year: VOLT RYCOIN Kostoled Sold Acts Reserves For VIZOLT the Account Receivable at the beginning of the year was $234,000 and Inventory at the beginning of the year was $249,000. For RYCO Inc. the Account Receivable at the beginning of the year was $213,000 and Inventory at the beginning of the year was $465,000. For each of the two companies compute, interpret and compare: After coma please use maximum two digits. A- Working Capital (2 points) B- Current Ratio (2 points) C- Quick Ratio (4 points) D-Number of times inventory turned over during the year and the average number of days required to tum over inventory (6 points) E-Number of times accounts receivable tumed over during the year and the average number of days required to collect accounts receivable (6 points) F- Both companies want to buy some merchandise from your company on account (in credit) which company would you prefer to sell $60,000 merchandise for a 30-day on account? (5 points)

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