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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 $ thousands Year $ thousands
Sales
Cost of goods sold
Net income
Cash ow from operations
Cash
Marketable securities
Accounts receivable
Inventories
Total current assets
Accounts payable
Accrued liabilities
Total current liabilities
Calculate the current and quick ratio at the end of each year.
Note: Round your answers to decimal place.
Assuming a 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 decimal place. Negative answers should be indicated by parentheses.
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