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The financial statements of Vacation, Inc., include the following items: Requirement 1a. Compute the current ratio. Select the formula and then enter the amounts
The financial statements of Vacation, Inc., include the following items: Requirement 1a. Compute the current ratio. Select the formula and then enter the amounts to calculate the current ratio for the current year. (Round your answer to two decimal places.) Current ratio Requirement 1b. Compute the quick ratio. (Round your answer to two decimal places.) + + + = Quick ratio Requirement 1c. Compute the cash conversion cycle. (Do not round any intermediary calculations. Round to the nearest full day and use a 365-day year for your computations.) Cash conversion cycle days Requirement 1d. Compute the accounts receivable turnover. (Round your answer to two decimal places.) Accounts receivable turnover times Requirement 1e. Compute the inventory turnover. (Round your answer to two decimal places.) Inventory turnover times
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