Question 9 Not yet The owner of TechTronics Ltd has asked you to calculate the Equity Ratio. answered You have found that total current assets is $34712 and total non-current Marked out of assets is $96987. Current liabilities total 19509 and non-current liabilities total 1.00 53646. Of the total current assets you determine inventory totals $7874 and P Flag accounts receivable totals $5383. question The Equity ratio equals (show your answer to 2 decimal places and do not include a % or : in your answer) Answer: Question 10 Not yet The owner of TechTronics Ltd has asked you to calculate the Average Inventory answered Turnover Period. Marked out of You have found that total sales were on credit and totalled $366544, Cost of 1.00 Goods Sold was $187272. The average inventory balance for this year was P Flag 34962, average debtors balance was 30527 and average total assets is question $95364. The average inventory turnover period equals (show your answer to 2 decimal places and do not include a \% or : in your answer)