Selected financial information for Stuart Company for Year 4 follows: $ 2,350,000 1,645,000 Sales Cost of goods sold Merchandise inventory Beginning of year End of year 158,000 198,000 Required Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during Year 4? Note: Round your answer to 2 decimal places. Merchandise inventory turnover times Check my w

Selected financial information for Stuart Company for Year 4 foflows: Required Assuming that the merchandise inventory bulldup was relatively constant, how many times did the merchandise inventory turn over during Year 4 ? Note: Round your answer to 2 decimal places. On June 30, Year 3, Rundle Company's total current assets wre $499,000 and its total current liabilities were $279,000. On July 1 , Year 3, Rundle issued a short-term note to a bank for $39,600 cash. Required a. Compute Rundle's working capital before and after issuing the note. b. Compute Rundle's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places. The balance sheet for Gibson Corporation follows: Required Compute the following. Note: Round ratios to 1 decimal place. Selected financial information for Stuart Company for Year 4 foflows: Required Assuming that the merchandise inventory bulldup was relatively constant, how many times did the merchandise inventory turn over during Year 4 ? Note: Round your answer to 2 decimal places. On June 30, Year 3, Rundle Company's total current assets wre $499,000 and its total current liabilities were $279,000. On July 1 , Year 3, Rundle issued a short-term note to a bank for $39,600 cash. Required a. Compute Rundle's working capital before and after issuing the note. b. Compute Rundle's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places. The balance sheet for Gibson Corporation follows: Required Compute the following. Note: Round ratios to 1 decimal place