Question: 2 decimals spaces do not round the answer compute the following ratios 2 5) A company partial balance accounts are presented. (Los balances parciales de
2 5) A company partial balance accounts are presented. (Los balances parciales de diferentes cuentas son presentados). Instructions: Compute the following ratios for 2015. (Calcule las siguientes proporciones (ratios) para el 2015.) Use 2 espacios decimales, NO redondee la respuesta a. Current ratio b. Acid test ratio c. Debt ratio d. Accounts receivable turnover e. Days in account receivable 2014 $ 60,000 Cash Short-term investment Net accounts receivables Inventory Total current assets 2015 $ 62,000 34,000 90,000 250,000 588,000 78,000 300,000 538,000 Total current liabilities Long tern note payable Income from operations Net credit sales 258,000 49,000 183,000 510,000 225,000 51,000 156,000 498,000 a. b. C
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