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Selected nancial data for Amberjack Corporation follows. Year 1 ( $ thousands ) Year 2 ( $ thousands ) Sales 3 3 9 , 2

Selected nancial data for Amberjack Corporation follows.
Year 1($ thousands) Year 2($ thousands)
Sales 339,270477,721
Cost of goods sold 265,261357,524
Net income (171,114)(405,109)
Cash ow from operations (60,875)(23,603)
Cash 342,780270,872
Marketable securities 343,74638,500
Accounts receivable 22,94737,298
Inventories 6,68173,706
Total current assets 716,154420,376
Accounts payable 30,50824,358
Accrued liabilities 46,294126,451
Total current liabilities 76,802150,809
Calculate the current and quick ratio at the end of each year.
Note: Round your answers to 1 decimal place.
Assuming a 365-day year for all calculations, compute the following:
The collection period each year based on sales.
The inventory turnover and the payables period each year based on cost of goods sold.
The days sales in cash each year.
The gross margin and prot margin each year.
Note: Round your answers to 1 decimal place. Negative answers should be indicated by parentheses.

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