Question: Matthias Medical manufactures hospital beds and other institutional furniture The

Matthias Medical manufactures hospital beds and other institutional furniture. The company’s comparative balance sheet and income statement for 2012 and 2013 follow.





Required
Calculate the following liquidity ratios for 2013.
a. Working capital
b. Current ratio
c. Acid-test ratio
d. Accounts receivable turnover
e. Average collection period
f. Inventory turnover
g. Average days to sellinventory
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  • CreatedFebruary 21, 2014
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