Question: HELLO I need the DIO formula so I can do the work , please show how you calculated thank you so much! I have already

 HELLO I need the DIO formula so I can do the

HELLO I need the DIO formula so I can do the work , please show how you calculated thank you so much! I have already answered the questions above so I just need the DIO thank you again ,

Read the requirements. cu TV 2017 $ 227,000 1 $ 93,000 = 2.44 b. Quick (acid-test) ratio. Select the formula and then enter the amounts to calculate the acid-test ratio. (Abbreviations used: Avg = average, ST = 5 A Data Table = Acid + Cash* 39,000 45,000 2018 ( $ 2017 ( $ + + $ + $ ST investments 13,000 24,000 + Net receivables + $ 73,000 + $ 76,000 + )1 Current liabilities )/ $ 131,000 )/ $ 93,000 2018 2017 2016 + Balance sheet: c. Inventory turnover and days' inventory outstanding (DIO). Cash ............... Begin by selecting the formula and then enter the amounts to calculate inventory turnover. (Round the ratios to two decin Short-term investments Net receivables 39,000 $ 13,000 73,000 87,000 12,000 45,000 24,000 76,000 75,000 7,000 = 25,000 68,000 Inventory 2018 2017 $ $ Cost of goods sold 279,000 282,000 / 1 7 $ $ Average inventory 81,000 71,500 Inventory turnover 3.44 3.94 Prepaid expenses Total current assets Now, select the formula and then enter the amounts to calculate days' inventory outstanding (DIO). (Enter formula ratios = Days' inventory outstanding (DIO) 2018 2017 224,000 60,000 131,000 Accounts payable Total current liabilities 55,000 227,000 50,000 93,000 Income statement: Net credit sales ..................$ 501,000 $ 512,000 root of acada cold 70 Onn 2012 nnn

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