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The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue during the current year was $13,540,300 and cost of

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The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue during the current year was $13,540,300 and cost of goods sold was $8,909.195. All of Pelican's sales are made on account and are due within 30 days. Prior Year urren ear Cash and cash equivalents Accounts receivable 580,330 4.630.0003,808,000 615,780 Inventory Total current assets Total assets Total current liabilities Total liabilities 928,3601,247,440 8,500,030 8,360.100 11.108,020 10,988,000 7.480.300 6,956,000 8,457,900 Calculate the following: a. Current ratios as of the end of the current and prior year. (Round your answers to 2 decimal places.) Current Year Prior Year Current Ratio b. Calculate the receivables turnover ratio for the current year (Round your answer to 2 decimal places.) eceivables Furnover Csiculate the days to colect for the answars to 2 decim opasera hs urent year iRound yeur intemediata dsleuilstions ana tin (Round you r inteimediate caloulstions and tingl

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