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Summary information from the financial statements of two companies competing in the same industry follows: Problem 13-5A (Static) Part 1 Required: 1a. For both companles

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Summary information from the financial statements of two companies competing in the same industry follows: Problem 13-5A (Static) Part 1 Required: 1a. For both companles compute the ( a current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, (a) inventory turnover, ( ) day, sales in inventory, and (I) days' sales uncollected. (Do not round intermedlote calculations.) 1b. identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio. For both companies compute the accounts (including notes) receivable turnover: For both companies compute the inventory turnover. For both companies compute the inventory turnover. For both companies compute the days' sales in inventory. For both companies compute the days' sales uncollected. For both companies compute the acid-test ratio

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