Question: 7. Compute the current ratio for the current year. Begin by selecting the formula labels, then enter the amounts and compute the current ratio

7. Compute the current ratio for the current year. Begin by selecting the formula labels, then enter the amounts and compute the current ratio for the current year. (Round your answer to two decimal places, XXX) 8. Compute the acid-test ratio for the current year. Current ratio Select the formula labels, enter the amounts and compute the acid-test ratio for the current year. (Abbreviations used: Net AR Net Accounts Receivables, Merchandise Inv Merchandise Inventory, ST investments Short-term investments. Round your answer to two decimal places, XXX.) Acid-test ratio 9. Compute the inventory tumover for the current year. Begin by selecting the formula labels, then enter the amounts and compute the inventory turnover for the current year. (Round your answer to two decimal places, XXX) 10 Compute the moss orofit.nementane for the cument vaar Inventory turnover

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