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Selected financial information for Perez Company for Year 4 follows: $2,400, eee 1,680,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of
Selected financial information for Perez Company for Year 4 follows: $2,400, eee 1,680,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year 153, eee 194,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise Inventory turn over during Year 4? (Round your answer to 2 decimal places.) Marchand to inventory turnove times On June 30, Year 3. Finch Company's total current assets were $502,500 and its total current liabilities were $278,000. On July 1 Year 3. Finch issued a long-term note to a bank for $38.200 cash. Required .. Compute Finch's working capital before and after issuing the note. b. Compute Finch's current ratio before and after issuing the note. (Round your answers to 1 decimal place.) Before the transaction After the transaction a. b Working capital Currentrado
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