Accounting 1A Chapter 14- Financial Statement Analysis Calculate ratios. Show work. Additional...

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Accounting

Accounting 1A
Chapter 14- Financial Statement Analysis
Calculate ratios. Show work.
Additional Information:
Sales (net credit)=$200,000
COGS=120,000
Net Income =50,000
Interest Expense =4,000
Prior Year Inventory =23,000
Prior Year Accounts Receivable =15,000
Prior Year Total Assets =181,000
Working Capital:
Current Ratio:
Quick Ratio:
Accounts Receivable Turnover
Number of Days Sales in Receivables
Inventory Turnover
Number of Days Sales in Inventory
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