UPDATED CLEARER PICTURES

PLEASE HELP ASAP

Excerpts from Candle Corporation's most recent balance sheet (ir Year 2 Year 1 Current assets: Cash Accounts receivable Inventory Prepaid expenses $ 280 $ 140 380 390 260 160 72 82 Total current assets $ 992 $ 772 Current liabilities: Accounts payable Accrued liabilities Notes payable, short term $ 310 220 $ 310 98 82 72 Total current liabilities $ 612 $ 480 Sales on account during the year totaled $1,560 thousand. Cost Required: a. Compute the following working capital for Year 2. (Enter your 100,000 should be entered as 100.) Working capital $ 380 b. Compute the following current ratio for Year 2. (Round your answer Currento 1.62 E. Compute the following acid-test ratio for Year 2. (Round your ans Acd-test ratio 1.08 d. Compute the following accounts receivable turnover for Year 2. places.) Accounts receivable turnover 4.05 e. Compute the following average collection period for Year 2. (Us intermediate calculations to 2 decimals places and your final Average collection period 87.69 Days DEC CO W f. Compute the following inventory turnover for Year 2.(Round your Inventory unoner g. Compute the following average sale period for Year 2. (Use Intermediate calculations to 2 decimals places and your final Average sale period Days Hints Hint DEC 9 9 W