Question
See screenshots below and answer the following questions: Calculate the following liquidity ratios for 2020. (If working capital is negative then enter with a negative
See screenshots below and answer the following questions:
Calculate the following liquidity ratios for 2020.(If working capital is negative then enter with a negative sign preceding the number or parentheses, e.g. -15,000 or (15,000). Round all answers except working capital to 2 decimal places, e.g. 2.55.)
- Working capital$
- Current ratio
- Acid-test ratio
- Accounts receivable turnovertimes
Calculate the following liquidity ratios for 2020.(Round average collection period to 0 decimal place, e.g. 25 and inventory turnover ratio to 2 decimal places, e.g. 5.12. Use 365 days for calculation.)
- Average collection perioddays
- Inventory turnovertimes
Calculate average days to sell inventory for 2020.(Round answer to 0 decimal places, e.g. 25. Use 365 days for calculation.)
- Average days to sell inventorydays
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