5.2 Ratio Analysis Points: 3 items @ 4 points = 12 points Directions: Compute the following liquidity ratios based on the information provided below. a) Inventory Turnover Sales 750,000 Cost of Goods Sold 473,000 Merchandise Inventory Beginning of year 40,000 End of Year 44,000 Merchandise Inventory Turnover b) Working Capital & Current Ratio June 30,2018 Current Assets are $650,000 June 30, 2018 Current Liabilities are $250,000 Issued long term note to the bank for $80,000 cash Before the Transaction After the Transaction 1 Working Capital $ 400,000 $ 480,000 2 Current Ratio Helpful Resources