Do Homework - Week 5 Chapter F:17 - Work - Microsoft Edge X https://mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=649623340&questionld=1&flushed=false&cld=7400972¢erwin=yes BAC102 Summer 2023 Michael Dudlek 06/06/23 9:50 PM E Homework: Week 5 Chapter F:17 Question 3, EF17-18 (similar to) HW Score: 0%, 0 of 25 points Part 1 of 7 Points: 0 of 5 Save Question list K The financial statements of Velma's Natural Foods include the following items: Compute the following ratios for the current year: (Click the icon to view the financial statements.) i (Click the icon to view the ratios.) O Question 1 a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, X.XX.) O Question 2 Current ratio = Question 3 Question 4 - X More info O Question 5 a. Current ratio e. Days' sales in inventory b. Cash ratio f. Days' sales in receivables C. Acid-test ratio g. Gross profit percentage Question 6 d. Inventory turnover Print Done Help me solve this Etext pages Get more help - Clear all Check answer Type here to search W X 6:50 PM 65OF Haze 6/6/2023Do Homework - Week 5 Chapter F:17 - Work - Microsoft Edge X https://mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=649623340&questionld=1&flushed=false&cld=7400972¢erwin=yes BAC102 Summer 2023 Michael Dudlek 06/06/23 9:51 PM E Homework: Week 5 Chapter F:17 Question 4, EF17-19 (similar to) HW Score: 0%, 0 of 25 points Part 1 of 11 Points: 0 of 4 Save Large Land Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2024. To answer Question list K this question, you gather the following data: (Click the icon to view the data.) O Question 1 Read the requirements. Question 2 a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. O Question 3 Current ratio = Question 4 - X - X Data table Requirements O Question 5 Compute the following ratios for 2024 and 2023, and 2024 2023 evaluate the company's ability to pay its current liabilities Cash $ 54,000 $ 49,000 and total liabilities: Question 6 a. Current ratio d. Debt ratio Short-term Investments 31,000 b. Cash ratio e. Debt to equity ratio Net Accounts Receivables 146,000 132,000 c. Acid-test ratio Merchandise Inventory 267,000 292,000 Total Assets 540,000 550,000 Total Current Liabilities 275,000 202,000 Print Done Long-term Notes Payable 52,000 62,000 Income from Operations 160,000 188,000 Interest Expense 40,000 37,000 Help me solve this Etext pages Get more help - Check answer Print Done X 6:51 PM Type here to search W 65OF Haze cls 6/6/2023