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View Policies Current Attempt in Progress Selected financial data for Golden Ltd. are shown below. Accounts receivable (gross) Inventory Total current assets Total current liabilities
View Policies Current Attempt in Progress Selected financial data for Golden Ltd. are shown below. Accounts receivable (gross) Inventory Total current assets Total current liabilities Net credit sales Cost of goods sold 2018 $835,000 1.001,000 2,126,000 1.013,000 6,377.000 4,539,000 2017 $757,000 971,000 1,975,000 1.113,000 6,178,000 4,568,000 2016 $659,000 843,000 1,704,000 1.247,000 5,332,000 4,029,000 (a) Calculate current ratio, receivables turnover ratio and inventory turnover ratio for 2018 and 2017. (Round answers to 1 decimal place, e.g. 15.2.) 2018 2017 : 1 :1 Current ratio times times Receivables turnover times times Inventory turnover
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