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Required: 1 a . For both companies compute the ( a ) current ratio, ( b ) acid - test ratio, ( c ) accounts
Required:
a For both companies compute the a current ratio, b acidtest ratio, c accounts receivable turnover, inventory turnover, e sales in inventory, and days' sales uncollected. Do not round intermediate calculations.
b Identify the company you consider to be the better shortterm credit risk.
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