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Required information [The following information applies to the questions displayed below.] Summary information from the financial statements of two companies competing in the same industry

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Required information [The following information applies to the questions displayed below.] Summary information from the financial statements of two companies competing in the same industry follows. Required: la. 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 ( / ) 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 (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, u equired: ales in inventory, and ( ) days' sales uncollected. lote: Do not round intermediate calculations. b. 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 com 1A Acid Test Ratio atio. 'ta. For both companies compute the (a) current ratio, (b) acid-test ratio, ( ( ) accounts receivable turnover, (d) inventory turnover, (e) days' Required: sales in inventory, and ( 6 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 acid-test ratio. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d) accounts receivable turnover, Required: sales in inventory, and (i) 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 accounts (including notes) receivable turnover. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( ( accounts recelvable turnover, (d) iriventory Required: sales in inventory, and ( i ) 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 inventory tumover. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, () inventory turnover, () days' sales in inventory, and (I) 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 days' sales in inventory: Required: 1a. 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 ( ( ) 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 days' sales uncollected. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d) accounts receivable turnover, (d) inventory turnover, (e) days' Required: sales in inventory, and ( ) days' sales uncollected. Note: Do not round intermediate caiculations. 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. Identify the company you consider to be the better short-term credit risk

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