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years ended March 31, 2025 and 2026, respectively, are included in cost of goods sold. Instructions a. Compute the following items for Bradburn Corporation. 1.
years ended March 31, 2025 and 2026, respectively, are included in cost of goods sold. Instructions a. Compute the following items for Bradburn Corporation. 1. Current ratio for fiscal years 2025 and 2026. 2. Acid-test (quick) ratio for fiscal years 2025 and 2026. 3. Inventory turnover for fiscal year 2026 . 4. Return on assets for fiscal years 2025 and 2026. (Assume total assets were $1,688,500 at 3/31/24.) 5. Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from fiscal year 2025 to 2026. Bradburn's notes. desire to finance the plant expansion from internally generated funds realistic? Discuss. *P23.3 ( LO68) | (Ratio Computations and Additional Analysis) Bradburn Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% generated funds. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. share in fiscal year 2026 . Bradburn Corporation Income Statement For the Fiscal Years Ended March 31 years ended March 31, 2025 and 2026, respectively, are included in cost of goods sold. Instructions a. Compute the following items for Bradburn Corporation. 1. Current ratio for fiscal years 2025 and 2026. 2. Acid-test (quick) ratio for fiscal years 2025 and 2026. 3. Inventory turnover for fiscal year 2026 . 4. Return on assets for fiscal years 2025 and 2026. (Assume total assets were $1,688,500 at 3/31/24.) 5. Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from fiscal year 2025 to 2026. Bradburn's notes. desire to finance the plant expansion from internally generated funds realistic? Discuss. *P23.3 ( LO68) | (Ratio Computations and Additional Analysis) Bradburn Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% generated funds. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. share in fiscal year 2026 . Bradburn Corporation Income Statement For the Fiscal Years Ended March 31
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