Question: Current Attempt in Progress Selected financial statement data for Larkspur Company are presented below. During 2020, net sales were $1,105,665, and cost of goods sold

Current Attempt in Progress Selected financial statement data for Larkspur Company are presented below. During 2020, net sales were $1,105,665, and cost of goods sold was $912,780. During 2020, net sales were \(\$ 1,105,665\), and cost of goods sold was \(\$ 912,780\).(a)Compute the current ratio at December 31,2020.(Round answer to 2 decimal places, es.15.25.)Current ratio :1eTextbook and MediaAttempts: unlimiCompute the acid-test ratio at December 31,2020.(Round answer to 2 decimal places, e.g.15.25.)(b)Compute the acid-test ratio at December 31,2020.(Round answer to 2 decimal places, e.g.15.25.)Acid-test ratio :1eTextbook and MediaSave for LaterAttempts: unlimi(c)Compute the accounts receivable turnover at December 31,2020.(Round answer to 0 decimal places, e.g.15.)Accounts receivable turnover times Compute the accounts receivable turnover at December 31,2020.(Round answer to 0 decimal places, e.g.15.)Accounts receivable turnover timeseTextbook and MediaSave for LaterAttempts: unlimited(d)Compute the inventory turnover at December 31,2020.(Round answer to 0 decimal places, e.g.15.)Inventory turnovertimes

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