Word File Edit View Insert Format Tools Table Window Help 31%O Fri 10:56 PM AutoSave OFF os 50 W BUS2341 Final Project Guidelines and Rubric Final Project - Home Insert Draw Design Layout Mailings References View Table Design Review Tell me + + Layout Share e... Comments Times New... 12 AF Aa A EE AL AaBbCcDdEe AaBbCcDdEe ( Paste B UV ab x ADA Normal X, E No Spacing Styles Dictate * Sensitivity Pane Check for Updates Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Current Liability 150.000 70,000 EN Assume that the year-end balances shown for the account receivable and inventory also represent the average balance of these accounts throughout the year. ISH 1. Compute the following for each company: . Working Capital Current Ratio Quick Ratio Number of times inventory turned over during the year and the average number of - days required to turn over inventory Number of times account receivable turned over during the year and the average . number of days required to turn over account receivable. Operating Cycle. 2. From the view point of a short-term creditor comment upon the quality of each company's working capital and quick ratio. To which company would you prefer to sell $50,000 in goods on account on a 30 days credit period and why? . Requirements: All questions posed must be addressed completely. Length: two-to-three pages of Calculations (Narrative after each required) Executive Summary Including formulas and calculations Analysis of the most profitable company All sources used must be properly cited in APA format. Be sure to read the criteria (on the following page), by which your assignment will be evaluated, before you write, and again after you write. Screencast ENG121 12,527 vie Page 1 of 2 668 words English (United States) Focus E 100% DEC 10 W Word File Edit View Insert Format Tools Table Window Help A 31%O Fri 10:56 PM AutoSave OFF os 50 W BUS2341 Final Project Guidelines and Rubric Final Project - Home Insert Draw Design Layout Mailings References + + Tell me Review View e... q Comments Share Times New... 12 AF Aa A E A AaBbCcDdEe AaBbCcDdEe V ( Paste B UV ab x Normal ADA x, No Spacing Styles Dictate * Sensitivity Pane Check for Updates Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. BUS2341 Final Project Selected financial data from North Company and South Company at the end of the current year is as follows: EN NORTH CO SOUTH CO. Net sales (all on credit) $960,000 $595,000 ISH COGS 840,000 412.000 Cash 24.000 35.000 70,000 Account Receivable (net) 120,000 335,000 Inventory Current Liability 80,000 70,000 150,000 Assume that the year-end balances shown for the account receivable and inventory also represent the average balance of these ccounts throughout the year . 1. Compute the following for each company Working Capital Current Ratio Quick Ratio Number of times inventory turned over during the year and the average number of days required to turn over inventory Number of times account receivable turned over during the year and the average number of days required to turn over account receivable. . Operating Cycle. Screencast ENG121 2. From the view point of a short-term creditor comment upon the quality of each company's working capital and quick ratio. To which company would you prefer to sell $50,000 in goods on account on a 30 days credit period and why? 12,527 vie Requirements: All questions posed must be addressed completely. Length: two to three names of Calculations (Narrative after each required Executive English (United States) Focus Page 1 of 2 668 words E 100% DEC 10 W
