Question: 1. Calculating Liquidity Ratios (E) L02] SDJ, Inc., has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. What is the
- 1. Calculating Liquidity Ratios (E) L02] SDJ, Inc., has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. What is the current ratio? What is the quick ratio?
- Calculating Inventory Turnover (L L02] The Top Corporation has ending inventory of $426,287, and cost of goods sold for the year just ended was $4,738,216. What is the inventory turnover? The days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?
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