Question: Chapter 6 ( 5 pts.) Use the financial data shown below to calculate the following ratios for the current year: a. Current ratio b. Quick

 Chapter 6 ( 5 pts.) Use the financial data shown below

Chapter 6 ( 5 pts.) Use the financial data shown below to calculate the following ratios for the current year: a. Current ratio b. Quick ratio c. Accounts receivable turnover d. Inventory turnover e. Days' sales in inventory f. Gross profit margin g. Profit margin h. Return on investment/assets

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