1. Based on the following information: Trial balance trade investment Equity Sale Sale allowances trade payables...
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1. Based on the following information: Trial balance trade investment Equity Sale Sale allowances trade payables Cos CAD $ 300,000.00 $2,000,000.00 $3,000,000.00 $ 250,000.00 $ 800,000.00 $ 800,000.00 long term debt Cash $ 300,000.00 salary advance slow moving Inventory $ $1,000,000.00 70,000.00 $ 300,000.00 fast moving inventories $ 500,000.00 Pre payment $ 500,000.00 bad debt receivables non current asset long term investment $ (50,000.00) $ 400,000.00 $2,000,000.00 $ 450,000.00 Accumulated Depreciation $ (800,000.00) Calculate the following ratios: a. Company working capital b. Current ratio c. Quick ratio d. Inventory turnover e. Receivable turnover f. Asset turn over 1. Based on the following information: Trial balance trade investment Equity Sale Sale allowances trade payables Cos CAD $ 300,000.00 $2,000,000.00 $3,000,000.00 $ 250,000.00 $ 800,000.00 $ 800,000.00 long term debt Cash $ 300,000.00 salary advance slow moving Inventory $ $1,000,000.00 70,000.00 $ 300,000.00 fast moving inventories $ 500,000.00 Pre payment $ 500,000.00 bad debt receivables non current asset long term investment $ (50,000.00) $ 400,000.00 $2,000,000.00 $ 450,000.00 Accumulated Depreciation $ (800,000.00) Calculate the following ratios: a. Company working capital b. Current ratio c. Quick ratio d. Inventory turnover e. Receivable turnover f. Asset turn over
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