The point, posible The financial statements of Eventful News, Inc., include the following itoma: m.Click the icon to view the financial statements.) Read the requirements Requirement 1. Calculate the following ratios for 2018 and 2017 When calculating days, rotind your answer to the nearest whole number a. Current ratio Select the formula and then enter the amounts to calculate the current ratio. (Round the ratios to two decimal places, XXX) Current ratio 1 2018 2017 1 b. Quick (acid-test) ratio. Select the formules and then enter the amounts to calculate the acid-test ratio (Abbreviations used Avg werage ST short-term, and Cash and the )/ Acid-testato 37 - 2018 2017 c. Inventory tumover and days' inventory outstanding (DIO). Begin by selecting the formula and then enter the amounts to calculate inventory tumover (Round the nation to two decimal X) Inventory turnover acom, XX Current ratio 2018 2017 b. Quick Average daily sales Select th Average inventory Average net receivables to calculate the acid-test ratio (Abbreviations used Avgvrage. Thomand can Astro 2018 2017 Cash + c. Invente Cost of goods sold Begin by Current assets inding (DID) he amounts to calculate inventory turnover (Round the ratio totidem XO) Inventory tumover Current liabilities 2018 2017 Inventory Now, seli Net credit sales junts to calculate days inventory outstanding (DIO) (Entertomuto two capaces and Days invertory outstanding (10) Net receivables Short-term investments Question 18 of 22 Inc., include the following items tements.) Average daily sales The financ Click Average inventory Read the Avg net receivables Requirem Cash a. Current Cost of goods sold Select the Current assets Sos for 2018 and 2017. When calculating days, round your answer to the nearest whole number unts to calculate the current ratio. (Round the ratios to two decimai plinons XX) Current ratio Current liabilities 2018 2017 Inventory b. Quick Net credit sales Select the unts to calculate the acid-test ratio. (Abbreviations used. Avg=average: BTshonorm and Cast Acid-test ratio + + ) 2018 items hen calculating days, round your answer to the nearest whole number Click the icon to view the finan Current assets Read the requirements Current liabilities Requirement 1. Calculate the follow Inventory a. Current ratio Net credit sales Select the formula and then enter th Net receivables 2018 ST investments 2017 Total assetske b. Quick (acid-test) ratio. Total liabilities Select the formula and then enter th nt ratio. (Round the ration to two decimal places, XXX) Current ratio best ratio. (Abbreviations used: Avg=averne, ST short-term, and ) Acid-test ratio + ) + 2018 ( 17 2017 c. Inventory turnover and days' inventory outstanding (DIO). to decimal places XXX II 21 Average daily sales The fina B.Cli Average inventory D., include nents.) Read th Average net receivables Cash Require for 2018 ar a. Curre Cost of goods sold Select t Current assets s to calculate Current liabilities 2018 2017 Inventory b. Quicl Net credit sales Select t s to calculate the Net receivables + 2018 Short-term investments 2017 Total assets c. Inver tanding (DIO). Begin b Total liabilities the amounts to c 2018 2017 ho B Click the icon to view the financial statements.) Read the requirements Now, select the formula and then enter the amounts to 1 2018 2017 d. Accout Accounts payable turnover Select the Average daily sales alcula Average inventory 2018 [ 2017 [ Average net receivables s outstal alculate e. Days's Cash Select the place, X) Cost of goods sold [ Current assets 2018 2017 C Current liabilities f. Accoun Days in year Begin by Inventory tstanding amounts to e Inventory turnover 2018 Net credit sales Net receivables 2018 2017 d. Accounts receivable turnover. Select the formula and then enter the amounts to 2018 2017 e. Days Average daily sales sales o Select ti Average inventory place, X Average net receivables 3 to calcu 2018 Cash 2017 Cost of goods sold f. Accou le outstandi Begin by Current assets the amounts Current liabilities 2018 2017 Inventory Net credit sales III Accounts receivable turnover The final ide the folle Clic Average inventory Read the Cash Cost of goods sold 2018 Current assets 2017 d. Accou Current liabilities Select th Days in year culate accoun Inventory 2018 2017 Net credit sales e. Days' Net receivables Select the place, X Short-term investments outstanding (DS culate days' sale 2018 2017 f. Accounts payable turnover and days payable outstanding (DPO). Us Begin by selecting the formula and then enter the amounts to calculate 2018 2017 Cash ng em Cost of goods sold Current assets Current liabilities Days in year Inventory unts Net credit sales Net receivables Short-term investments Jays' Total assets ounts wel Total liabilities Days'sal payable outstanding (DPO) Use cost of goods sold in enter the amounts to calculate accounts payable turnov Accounts paya clude the f 3.) The finar Average accounts payable B. Clic Read the Average daily sales Average inventory calculate acc 2018 Average net receivables 2017 Cash d. Accou Cost of goods sold Select th [ Current assets 2018 Current liabilities 2017 ( e. Days' Inventory Select th Net credit sales place, X Net receivables is outstanding calculate days 2018 Short-term investments 2017 Total assets 1. Accoui atstanding (DPC Begin by Total liabilities amounts to calo 2015 2017 2017 Now, select the formula and then enter the amounts to calculate days payable outstanding (DPO). (Enter formula ratios to two decimal places, xxx, and Days' payable outstanding (DPO) 2018 2017 ratios and final answers to one decimal place, XX Abbreviations used: Aug sverage and short-term Cash conversion cyde 9. Cash Accounts payable turnover Average daily sales Average inventory 2017 ( Requires Average net receivables 2018 and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Improved or Deteriorated Ratio Cash a. Curret Cost of goods sold b. Quick c. Invent Current assets d. Accou Current liabilities e. Days ing (DID) * outstanding (OSO) wang (DPO) 2017 g. Cash conversion cycle (in days). (Enter formula ratios and final answers to one desimal place, XX Abbreviations used. Avg = + Cash conversion cyde 2018 + 2017 Requirement 2. Evaluate the company's liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Ratio Improved or Deteriorated a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstanding (10) d. Accounts receivable turnover e Days' sales in average receivables or days' sales outstanding (DSO) III 2021 Avg daily sales The fina Ecli Avg inventory is, Inc., inclus tatements.) Read th Avg net receivables Begin by Cash enter the amou Cost of goods sold 2018 / 2017 Current assets Now, se Current liabilities te amounts to CE Days in year 1 2018 2017 DIO g. Cash DPO ar formula ratios a V 2018 2017 + Requirement 2. Evaluate the company's liquidity and curren Ratio a. Current ratio b. Quick (acid tost) ratio Inventory turnover and days'inventory outstanding (10) d Account cevable move Days' sales in average cose days outstandin Cash conversion cycle 2018 + 2017 Requirement 2. Evaluate the company's liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017? Ratio Improved or Deteriorated a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstanding (DO) d. Accounts receivable turnover e Days' sales in average receivables or days' sales outstanding (DSO) f. Accounts payable tumover and days' payable outstanding (DPO) 9. Cash conversion cycle (in days) Requirement 3. As a manager of this company, what would you try to improve next year? The factors that need the most improvement are V and The company needs to make V sales and he U ways liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Improved or Deteriorated Ratio a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstan d. Accounts receivable turnover e Days' sales in average receivables or days' sa f. Accounts payable turnover and days' payable c 9. Cash conversion cycle (in days) Requirement 3. As a manager of this company cost of goods sold inventory turnover short term investments year? The factors that need the most improvement are vand The company needs to make Improved or Deteriorated t ratio cash collections (acid test) ratio ory turnover and days' inventory outstanding (DIO) unts receivable turnover s sales in average receivables or days' sales outstanding (DSO) unts payable tumover and days' payable outstanding (DPO) Bh conversion cycle (in days) Lirement 3. As a manager of this company, what would you try to improve "actors that need the most improvement are prepaid expenses total current assets and The company need to make Improved or Deteriorated ding (DIO) sales outstanding (DSO) outstanding (DPO) fewer more my, what would you try to improve next year? The company needs to make and 0 are less more sales and keep inventory on hand, as well as make more short-term investments. prepay more expenses. tighten collection policies. ventory on hand, as well as The point, posible The financial statements of Eventful News, Inc., include the following itoma: m.Click the icon to view the financial statements.) Read the requirements Requirement 1. Calculate the following ratios for 2018 and 2017 When calculating days, rotind your answer to the nearest whole number a. Current ratio Select the formula and then enter the amounts to calculate the current ratio. (Round the ratios to two decimal places, XXX) Current ratio 1 2018 2017 1 b. Quick (acid-test) ratio. Select the formules and then enter the amounts to calculate the acid-test ratio (Abbreviations used Avg werage ST short-term, and Cash and the )/ Acid-testato 37 - 2018 2017 c. Inventory tumover and days' inventory outstanding (DIO). Begin by selecting the formula and then enter the amounts to calculate inventory tumover (Round the nation to two decimal X) Inventory turnover acom, XX Current ratio 2018 2017 b. Quick Average daily sales Select th Average inventory Average net receivables to calculate the acid-test ratio (Abbreviations used Avgvrage. Thomand can Astro 2018 2017 Cash + c. Invente Cost of goods sold Begin by Current assets inding (DID) he amounts to calculate inventory turnover (Round the ratio totidem XO) Inventory tumover Current liabilities 2018 2017 Inventory Now, seli Net credit sales junts to calculate days inventory outstanding (DIO) (Entertomuto two capaces and Days invertory outstanding (10) Net receivables Short-term investments Question 18 of 22 Inc., include the following items tements.) Average daily sales The financ Click Average inventory Read the Avg net receivables Requirem Cash a. Current Cost of goods sold Select the Current assets Sos for 2018 and 2017. When calculating days, round your answer to the nearest whole number unts to calculate the current ratio. (Round the ratios to two decimai plinons XX) Current ratio Current liabilities 2018 2017 Inventory b. Quick Net credit sales Select the unts to calculate the acid-test ratio. (Abbreviations used. Avg=average: BTshonorm and Cast Acid-test ratio + + ) 2018 items hen calculating days, round your answer to the nearest whole number Click the icon to view the finan Current assets Read the requirements Current liabilities Requirement 1. Calculate the follow Inventory a. Current ratio Net credit sales Select the formula and then enter th Net receivables 2018 ST investments 2017 Total assetske b. Quick (acid-test) ratio. Total liabilities Select the formula and then enter th nt ratio. (Round the ration to two decimal places, XXX) Current ratio best ratio. (Abbreviations used: Avg=averne, ST short-term, and ) Acid-test ratio + ) + 2018 ( 17 2017 c. Inventory turnover and days' inventory outstanding (DIO). to decimal places XXX II 21 Average daily sales The fina B.Cli Average inventory D., include nents.) Read th Average net receivables Cash Require for 2018 ar a. Curre Cost of goods sold Select t Current assets s to calculate Current liabilities 2018 2017 Inventory b. Quicl Net credit sales Select t s to calculate the Net receivables + 2018 Short-term investments 2017 Total assets c. Inver tanding (DIO). Begin b Total liabilities the amounts to c 2018 2017 ho B Click the icon to view the financial statements.) Read the requirements Now, select the formula and then enter the amounts to 1 2018 2017 d. Accout Accounts payable turnover Select the Average daily sales alcula Average inventory 2018 [ 2017 [ Average net receivables s outstal alculate e. Days's Cash Select the place, X) Cost of goods sold [ Current assets 2018 2017 C Current liabilities f. Accoun Days in year Begin by Inventory tstanding amounts to e Inventory turnover 2018 Net credit sales Net receivables 2018 2017 d. Accounts receivable turnover. Select the formula and then enter the amounts to 2018 2017 e. Days Average daily sales sales o Select ti Average inventory place, X Average net receivables 3 to calcu 2018 Cash 2017 Cost of goods sold f. Accou le outstandi Begin by Current assets the amounts Current liabilities 2018 2017 Inventory Net credit sales III Accounts receivable turnover The final ide the folle Clic Average inventory Read the Cash Cost of goods sold 2018 Current assets 2017 d. Accou Current liabilities Select th Days in year culate accoun Inventory 2018 2017 Net credit sales e. Days' Net receivables Select the place, X Short-term investments outstanding (DS culate days' sale 2018 2017 f. Accounts payable turnover and days payable outstanding (DPO). Us Begin by selecting the formula and then enter the amounts to calculate 2018 2017 Cash ng em Cost of goods sold Current assets Current liabilities Days in year Inventory unts Net credit sales Net receivables Short-term investments Jays' Total assets ounts wel Total liabilities Days'sal payable outstanding (DPO) Use cost of goods sold in enter the amounts to calculate accounts payable turnov Accounts paya clude the f 3.) The finar Average accounts payable B. Clic Read the Average daily sales Average inventory calculate acc 2018 Average net receivables 2017 Cash d. Accou Cost of goods sold Select th [ Current assets 2018 Current liabilities 2017 ( e. Days' Inventory Select th Net credit sales place, X Net receivables is outstanding calculate days 2018 Short-term investments 2017 Total assets 1. Accoui atstanding (DPC Begin by Total liabilities amounts to calo 2015 2017 2017 Now, select the formula and then enter the amounts to calculate days payable outstanding (DPO). (Enter formula ratios to two decimal places, xxx, and Days' payable outstanding (DPO) 2018 2017 ratios and final answers to one decimal place, XX Abbreviations used: Aug sverage and short-term Cash conversion cyde 9. Cash Accounts payable turnover Average daily sales Average inventory 2017 ( Requires Average net receivables 2018 and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Improved or Deteriorated Ratio Cash a. Curret Cost of goods sold b. Quick c. Invent Current assets d. Accou Current liabilities e. Days ing (DID) * outstanding (OSO) wang (DPO) 2017 g. Cash conversion cycle (in days). (Enter formula ratios and final answers to one desimal place, XX Abbreviations used. Avg = + Cash conversion cyde 2018 + 2017 Requirement 2. Evaluate the company's liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Ratio Improved or Deteriorated a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstanding (10) d. Accounts receivable turnover e Days' sales in average receivables or days' sales outstanding (DSO) III 2021 Avg daily sales The fina Ecli Avg inventory is, Inc., inclus tatements.) Read th Avg net receivables Begin by Cash enter the amou Cost of goods sold 2018 / 2017 Current assets Now, se Current liabilities te amounts to CE Days in year 1 2018 2017 DIO g. Cash DPO ar formula ratios a V 2018 2017 + Requirement 2. Evaluate the company's liquidity and curren Ratio a. Current ratio b. Quick (acid tost) ratio Inventory turnover and days'inventory outstanding (10) d Account cevable move Days' sales in average cose days outstandin Cash conversion cycle 2018 + 2017 Requirement 2. Evaluate the company's liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017? Ratio Improved or Deteriorated a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstanding (DO) d. Accounts receivable turnover e Days' sales in average receivables or days' sales outstanding (DSO) f. Accounts payable tumover and days' payable outstanding (DPO) 9. Cash conversion cycle (in days) Requirement 3. As a manager of this company, what would you try to improve next year? The factors that need the most improvement are V and The company needs to make V sales and he U ways liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017 Improved or Deteriorated Ratio a. Current ratio b. Quick (acid test) ratio C. Inventory turnover and days' inventory outstan d. Accounts receivable turnover e Days' sales in average receivables or days' sa f. Accounts payable turnover and days' payable c 9. Cash conversion cycle (in days) Requirement 3. As a manager of this company cost of goods sold inventory turnover short term investments year? The factors that need the most improvement are vand The company needs to make Improved or Deteriorated t ratio cash collections (acid test) ratio ory turnover and days' inventory outstanding (DIO) unts receivable turnover s sales in average receivables or days' sales outstanding (DSO) unts payable tumover and days' payable outstanding (DPO) Bh conversion cycle (in days) Lirement 3. As a manager of this company, what would you try to improve "actors that need the most improvement are prepaid expenses total current assets and The company need to make Improved or Deteriorated ding (DIO) sales outstanding (DSO) outstanding (DPO) fewer more my, what would you try to improve next year? The company needs to make and 0 are less more sales and keep inventory on hand, as well as make more short-term investments. prepay more expenses. tighten collection policies. ventory on hand, as well as