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The comparative financial statements of Suffolk Cosmetic Supply for 2024,2023 , and 2022 include the data shown here: (Click the icon to view the comparative

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The comparative financial statements of Suffolk Cosmetic Supply for 2024,2023 , and 2022 include the data shown here: (Click the icon to view the comparative financial data.) Read the Anpuirements. Requirement 1a. Compute the acid-test ratio for 2024 and 2023. (Round to two decimals.) (Abbreviations used: Cash = Cash including cash equivalents; ST invest. = short-term investments. Round the acid test ratios to two decimals, X.XX.) Requirement 1b. Compute the accounts receivable turnover for 2024 and 2023. (Round to two decimals.) (Abbreviations used: AR turn = accounts receivable turnover ratio; Cash = Cash including cash equivalents; ST invest. = short-term investments. Round the accounts receivable tumover ratios to two decimals, xx. Requirement 1c. Compute the days' sales in receivables for 2024 and 2023. (Round to the nearest whole day.) (Abbreviations used: Cash = Cash including cash equivalents; ST invest. = short-term investments. Round interim calculations to two decimals, X.XX, and the days in receivables to the nearest whole day.) Requirement 2. Considering each ratio individually, which ratios improved from 2023 to 2024 and which ratios deteriorated? is the trend favorable or unfavorable for the company? The acid-test ratio from 2023 to 2024. This trend the company. The accounts receivable turnover from 2023 to 2024. This trend the company. The days' sales in receivables from 2023 to 2024. This trend the company. Data table 1. Compute these ratios for 2024 and 2023 : a. Acid-test ratio (Round to two decimals.) b. Accounts receivable turnover (Round to two decimals.) c. Days' sales in receivables (Round to the nearest whole day.) 2. Considering each ratio individually, which ratios improved from 2023 to 2024 and which ratios deteriorated? Is the trend favorable or unfavorable for the company

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