S S5-12 (book/static) Norte Products reported the following the 2019 francaltaments. The 2018 se for comparison Ik he contowe francia Requirements. Comete remove to test to the ed 2019. Round to be decimal places. How does a quick rato compare the dusty rage of 827 Segn by greets and town wedd Cast Shines Netcartrecoteles Data Table Ooor and as 00.000 90.000 100 How the corato come to me Northe's position to compared to the day average of 0.42 Rewirement Comparison 2010 company's crema de ten by Mieding the committee on the standing on to 2011 Current 5 1 2.300 10. 7,000 1 500 7500 100 1500 7.000 1.000 2.300 4.000 0.000 2300 290 200 000 000 2300 100.000 734000 Non Don core: 1.17 of 2 pts 5 of 5 5 complete) W S5-12 (book/static) Northern Products reported the following amounts in its 2019 financial statements. The 2018 amounts are given for comparison (Click the icon to view the financial data.) Read the requirements S Requirement 1. Compute Norther's quick (acid-test) ratio at the end of 2019. Round to two decimal places. How does the quick ratio com Begin by selecting the formula, then enter the amounts and compute the quick (acid-test) ratio. (Abbreviation used: Cash - Cash and cast Cash + Short-term investments + Net current receivables / Total current liabilities Quick (acid-test) ratio 99,000 1$ 99,000 1.00 How does the quick (acid-test) ratio compare to the industry average of 0.92? Northern's position is favorable compared to the industry average of 0.92 Requirement 2. Compare days' sales outstanding for 2019 with the company's credit terms of net 30 days. Begin by selecting the formula, then enter the amounts to calculate the days' sales outstanding. (Round interim calculations to two decimal 365 days Accounts receivable turnover Days' sales outstanding 365 15 24 days