Question: 11 - 16. Calculate the following ratios using the given financial data from your company. Note: Current Assets =(Cash + Cash Equivalents + Accounts Receivable

 11 - 16. Calculate the following ratios using the given financial

11 - 16. Calculate the following ratios using the given financial data from your company. Note: Current Assets =(Cash + Cash Equivalents + Accounts Receivable + Inventory) Credit Sales $1,700,000 Total Ending Liabilities $1,425,000 Ending Common Stock Equity = $390,000 Beginning Inventory $800,000 Total Ending Current Liabilities $767,000 Cost of Goods Sold $980,000 Total Ending Cash $350,000 11 - 16. Calculate the following ratios using the given financial data from your company. Note: Current Assets =(Cash + Cash Equivalents + Accounts Receivable + Inventory) Credit Sales $1,700,000 Total Ending Liabilities $1,425,000 Ending Common Stock Equity = $390,000 Beginning Inventory $800,000 Total Ending Current Liabilities $767,000 Cost of Goods Sold $980,000 Total Ending Cash $350,000

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