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Required Information [The following information applies to the questions displayed below.] Summary Information from the financlal statements of two companies competing in the same Industry
Required Information [The following information applies to the questions displayed below.] Summary Information from the financlal statements of two companies competing in the same Industry follows. Required: 1a. For both companies compute the (d) current ratlo, (b) acid-test ratio, ( ( accounts recelvable turnover, ( (d) inventory turnover, ( () days' sales in Inventory, and ( f ) days' sales uncollected. Note: Do not round intermedlate 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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