CANARIE INC. Statement of Financial Position (partial) December 31...
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CANARIE INC. Statement of Financial Position (partial) December 31 2018 2017 2016 Current assets 5 30 $ 90 60 Cash Held for trading investments Accounts receivable, net 672 491 630 569 Prepaid expenses Total current assets Total current liabilities 1428 $1318 $1.189 5 876 829 754 in thousands) Allowance for doubtful accounts Net credit sales Cost of goods sold 2018 2017 2016 40 4.194393 3736 2896 2659 2.350 50 45 Calculate all possible liquidity ratios for 2018 and 2017. (Round current ratio to 2 decimal places e-g. 2.66. Round receivables turnover and inventory turnover to 1 decimal place e-g. 6.2. Round collection period and days sales in inventory to O decimal places e.g. 1,266. Enter working capital amounts in thousands e.g. 525.) 2017 Working capital Current ratio Receivables turnover Collection period Inventory turnover Days sales in inventory times times times eTextbook and Media
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