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What is the current ratio

Sav Homework: ACC-260 Benchmark - Topic 7 Assignment 4 of 6 (2 complete) Score: 0 of 10 pts HW Score: 20%, 20 of 100 EC-18 (similar to) B Question Holp The financial statements of Beth's Natural Foods include the following items: Click the icon to view the financial statements) Compute the following ratios for the current year: (Click the icon to view the ration) a. Compute the current ratio for the current year. (Abbreviations used: STI - Short term investments. Round your answer to two decimal places, X.XX.) i More Info Current ratio = 32 a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e Days' sales in inventory f. Days' sules in receivables g. Gross profit percentago 365 days / Accounts receivable tumover ratio 365 days / Inventory turnover 365 days / Total current assets (Cash + Cash equivalents) / Total current liabilities (Cash + Prepaid expenses) / Total current liabilities (Cash + STI + Net current receivables) / Total current liabilities Coat of goods sold / Average merchandise inventory Gross profit Net sales revenue Net sales revenue / Gross profit Total current assets/Total current abilities i Financial Statements -X Current Year Preceding Year Balance Sheet Cash $ 20 DDD 23 DDD $ 8.DDD 46.0DD 28 DDD 76.DDD Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses 80.000 82.000 3.000 90.000 Total Current Assets 217.DDD 247 DDD 132,0DD 83,000 Total Current Liabilities Income Statement: Net Credit Sales $ 466.000 317,0DD Cost of Goods Sold Choose from any list or enter any number in the input fields and then click Check Answer. 6 parts remaining Clear All Print Done Check

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