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The following ratios and other data pertain to the financial statements of Zambian Company for the year ended December 31, 2020: 2.00 to 1 1.90

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The following ratios and other data pertain to the financial statements of Zambian Company for the year ended December 31, 2020: 2.00 to 1 1.90 to 1 P 60,000 12 times Current ratio Acid test ratio Net Working capital Inventory turnover (based on cost of ending inventory only) Gross profit percentage Average age of outstanding accounts receivable (based on 360 days) Net Income 15% Bonds payable at the beginning and end of 2020 40% 75 days 5,000 P 200.000 Compute the following Match each item to a choice Gross Profit Trade and other Receivables Inventory Current Assets Operating income Choices # 30.000 # 48,000 50,000 35,000 120,000 # 30,000 130.000 # 6,000 8,000 25,000

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