The following data are taken from the balance sheet at the end of the current year. Determine the (a) working capital, (b) current ratio, and (c) quick ratio. Present figures used in your computations. Round ratios to the nearest tenth. The following data are taken from the financial statements: (a) Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. (b) Comment on the favorable and unfavorable trends revealed by the data. The following data are taken from the financial statements: (a) Assuming that credit terms on all sales are n/45, determine for each year (1) the accounts receivable turnover and (2) the number of days' sales in receivables. (b) Comment on any significant trends revealed by the data. Revenue and expense data for Martinez Company are as follows: 20122011 (a) Prepare a comparative income statement, with vertical analysis, stating each item for both 2012 and 2011 as a percent of sales. (b) Comment upon significant changes disclosed by the comparative income statement. Condensed data taken from the ledger of Joplin Company at December 31, 2012 and 2011, are as follows: Prepare a comparative balance sheet, with horizontal analysis, for December 31, 2012 and 2011. (Round percents to one decimal point.)