Question
Use the following information to find ratios Debt Ratio Quick Ratio Inventory Turnover Average Collection Period Total Current Assets $10,275 Inventory $3,540 Accounts Receivable
Use the following information to find ratios Debt Ratio Quick Ratio Inventory Turnover Average Collection Period Total Current Assets $10,275 Inventory $3,540 Accounts Receivable $7,500 Total Assets $32,500 Total Current Liabilities $12,675 Cost of Goods Sold $75,000 Sales Revenue $120,000 Total Liabilities $17,500
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
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