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ive been stuck on this probelm as I am confused on the acid test ratio part. Any helps would help thanks in advance

Comprehensive Problem - Financial Statement Analysis ACCT 102 D Principles of Accounting ll Karn TH 3:30 pm Spring 2 Homework: Comprehensive Problem - Financial Stater Score: 50 39 of 100 pts BP17-36B (similar to) 1 of 1 (1 complete) > HW In its annual report WBZ Athletic Supply, Inc. includes the following five-year financial summary (Click the icon to view the financial summary) Read the tone decimal ple Select the formule reference in the last column of the table and enter the acid test ratio for each year Round the Click the icon to view the formulas) 2018 2017 2016 2015 2014 Formula Add test ratio Choose from any est or enter any number in the input selts and then click Check Answer. 10 peranang ch acer NII 1920 Spring > Assignments > Comprehensive Problem - Financial Statement Analysis mprehensive Problem - Financial Statement Analysis ACCT 102 D Principles of Accounting ll Karn TH 3:30 pm Spring 2 Homework: Comprehensive Problem - Financial Statement A Score: 50.39 of 100 pts 1 of 1 (1 complete) HW Score: 503 8 P17-36 Formulas In its annual thela Read the regula Select the form 1 (Click the ic (a) 365 days / Inventory turnover b) Annual dividend per share aming per share (c) Annual dividend per share Market price per share (d) Cash including cash equivalents Short-terme e) Cost of goods sold Average merchandise inventory (1) Current assets Current abilities er Acidente Cemal 10 acer hensive Problem - Financial Statement Analysis Principles of Accounting Il Karn TH 3:30 pm Spring 2 work: Comprehensive Problem - Financial Stateme 39 of 100 pts 1 0f 1 (1 complete) HW SC -3 Formulas al repl ktheid require the formy lick the id (h) Market price per share of common stock /Eamnings per share (1) Net credit sales Average net accounts receivables 0) (Not income income tax expense interest expense) / Interest expense (k) Net Income / Net sales (L) (Not Income + Interest expense) Average total assets (m) Net Income Preferred dividends) Average common stockholders equity (n.) (Not income Preferred dividends Weighted average number of common shares outstanding test ratio se from a Print Done 1 parts acer Isive Problem - Financial Statement Analysis iciples of Accounting II Karn TH 3:30 pm Spring 2 ork: Comprehensive Problem - Financial Stateme of 100 pts 1 of 1 (1 complete) HW SCC Formulas (k.) Net income / Net sales (L) (Net income Interest expense) Average total assets (m) (Net Income - Preferred dividends) / Average common stockholders equity (n) Net Income - Preferred dividends) /Weighted average-number of common shares outstanding (0) Total current assets / Total current abilities p.) Total liabies/ Total assets (9) Totallaties Total equity ratio Tomar Print Done arts acer kaspx?homeworld-554868136&questionid=1&flushed false&cd=58681478.centerwinyes ng ll Karn TH 3:30 pm Spring 2 prehensive Problem - Financial Statement Analys 1 of 1 (1 complete) Financial Summary Dollar amounts in thousands except per share data Sales Revue Not Sales Revenue increase Dome Comparative Store Sales increase $ 20 COS21500s 1930s 16905 110.000 215 17 Cod 2030 1500 197.310 163.000 1530 1740 149.169 31679 1.680 132.634 27.490 200 102.800 225 110010101100 0 140 1802 130 000 1 2.050 9152106 115 to search acer sptthomeworkd=554868136&questionid=1&flushed false&cd=58681478.centerwinyes El Karn TH 3:30 pm Spring 2 Luis S prehensive Problem - Financial Statement Analys 1 of 1 (1 complete) Financial Summary Financial Postion Current Assets Excluding Merchandise inventory Merchandise Inventory Property Place and Equement Net Total Assets 22.000 17.600 $ 17,000 31.100 5 27.700 5 2400 22.000 52.000 45.300 107 900 95.000 12.500 27.300 23.100 21700 25800 5 25.100 $ 21.300 19.100 11 000 6700 19.10000.900 28.000 25.600 15 000 000 28 300 37100 65,100 Long-room Dobi 00 35 00 Financial Station 10 Runs 22.5% 1678 1629 search acer Comprehensive Problem - Financial Statement Analysis ACCT 102 D Principles of Accounting ll Karn TH 3:30 pm Spring 2 Homework: Comprehensive Problem - Financial Stater Score: 50 39 of 100 pts BP17-36B (similar to) 1 of 1 (1 complete) > HW In its annual report WBZ Athletic Supply, Inc. includes the following five-year financial summary (Click the icon to view the financial summary) Read the tone decimal ple Select the formule reference in the last column of the table and enter the acid test ratio for each year Round the Click the icon to view the formulas) 2018 2017 2016 2015 2014 Formula Add test ratio Choose from any est or enter any number in the input selts and then click Check Answer. 10 peranang ch acer NII 1920 Spring > Assignments > Comprehensive Problem - Financial Statement Analysis mprehensive Problem - Financial Statement Analysis ACCT 102 D Principles of Accounting ll Karn TH 3:30 pm Spring 2 Homework: Comprehensive Problem - Financial Statement A Score: 50.39 of 100 pts 1 of 1 (1 complete) HW Score: 503 8 P17-36 Formulas In its annual thela Read the regula Select the form 1 (Click the ic (a) 365 days / Inventory turnover b) Annual dividend per share aming per share (c) Annual dividend per share Market price per share (d) Cash including cash equivalents Short-terme e) Cost of goods sold Average merchandise inventory (1) Current assets Current abilities er Acidente Cemal 10 acer hensive Problem - Financial Statement Analysis Principles of Accounting Il Karn TH 3:30 pm Spring 2 work: Comprehensive Problem - Financial Stateme 39 of 100 pts 1 0f 1 (1 complete) HW SC -3 Formulas al repl ktheid require the formy lick the id (h) Market price per share of common stock /Eamnings per share (1) Net credit sales Average net accounts receivables 0) (Not income income tax expense interest expense) / Interest expense (k) Net Income / Net sales (L) (Not Income + Interest expense) Average total assets (m) Net Income Preferred dividends) Average common stockholders equity (n.) (Not income Preferred dividends Weighted average number of common shares outstanding test ratio se from a Print Done 1 parts acer Isive Problem - Financial Statement Analysis iciples of Accounting II Karn TH 3:30 pm Spring 2 ork: Comprehensive Problem - Financial Stateme of 100 pts 1 of 1 (1 complete) HW SCC Formulas (k.) Net income / Net sales (L) (Net income Interest expense) Average total assets (m) (Net Income - Preferred dividends) / Average common stockholders equity (n) Net Income - Preferred dividends) /Weighted average-number of common shares outstanding (0) Total current assets / Total current abilities p.) Total liabies/ Total assets (9) Totallaties Total equity ratio Tomar Print Done arts acer kaspx?homeworld-554868136&questionid=1&flushed false&cd=58681478.centerwinyes ng ll Karn TH 3:30 pm Spring 2 prehensive Problem - Financial Statement Analys 1 of 1 (1 complete) Financial Summary Dollar amounts in thousands except per share data Sales Revue Not Sales Revenue increase Dome Comparative Store Sales increase $ 20 COS21500s 1930s 16905 110.000 215 17 Cod 2030 1500 197.310 163.000 1530 1740 149.169 31679 1.680 132.634 27.490 200 102.800 225 110010101100 0 140 1802 130 000 1 2.050 9152106 115 to search acer sptthomeworkd=554868136&questionid=1&flushed false&cd=58681478.centerwinyes El Karn TH 3:30 pm Spring 2 Luis S prehensive Problem - Financial Statement Analys 1 of 1 (1 complete) Financial Summary Financial Postion Current Assets Excluding Merchandise inventory Merchandise Inventory Property Place and Equement Net Total Assets 22.000 17.600 $ 17,000 31.100 5 27.700 5 2400 22.000 52.000 45.300 107 900 95.000 12.500 27.300 23.100 21700 25800 5 25.100 $ 21.300 19.100 11 000 6700 19.10000.900 28.000 25.600 15 000 000 28 300 37100 65,100 Long-room Dobi 00 35 00 Financial Station 10 Runs 22.5% 1678 1629 search acer

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