Analyze the liquidity of BooZara, a dog food manufacturer, using the current ratio, inventory turnover ratio, and
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Analyze the liquidity of BooZara, a dog food manufacturer, using the current ratio, inventory turnover ratio, and accounts receivable turnover ratio. All data are in millions Cash = $ 961 Average net accounts receivable = 1,236 Average inventory = 2,092 Total current assets = 4,503 Total current liabilities = 3,847 Net credit sales = 19,050 Cost of goods sold = 14,954
The current ratio is:
a) 4.2
b) 2.2
c) 3.2
d) 1.2
Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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