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Required information Problem 17.5A (Algo) Comparative ratio analysis LO P3 [The following information applies to the questions displayed below] Summary information from the financial statements

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Required information Problem 17.5A (Algo) Comparative ratio analysis LO P3 [The following information applies to the questions displayed below] Summary information from the financial statements of two companies competing in the same industry follows. Problem 17.5A (Algo) Part 1 Required: 10. For both companies compute the (a) current ratio. (b) acid-test ratio. (c) accounts recelvable turnover, (d) inventory turnover, (e) days' sales in inventory, and ( h days' sales uncollected. Note: Do not round intermediate calculations. 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio

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