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re-spectively, and accounts payable of $5,200 and $9,200, respectively The comparys 2018 balance sheel showed cash of $29, 000 and ciarrent liabeties. totaled 533,000 .

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re-spectively, and accounts payable of $5,200 and $9,200, respectively The comparys 2018 balance sheel showed cash of $29, 000 and ciarrent liabeties. totaled 533,000 . The comgany's 2018 income statement showed net sales of $138,700 and cost of goods sodd of $73,000 Compute the following iatios for 2018 1. Cument ratso 2. Quick ratio 3. Gash conversion cycke (rodind to whole days) 1. Compule the cument ratio for 2018. Accotants receivable, Round the ratio to fwo occimal places )

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