Question: help please For both the current year and one year ago, compute the following ratios: Exercise 17-6 (Algo) Common-size percents LO P2 1. Express the
help please
For both the current year and one year ago, compute the following ratios: Exercise 17-6 (Algo) Common-size percents LO P2 1. Express the balance sheets in commonsize percents 2. Assuming annual sales have not changed in the last three years, is the change in accounts recelvable as a percentage of total assets fovorable or unfovorable? 3. Assuming annual sales trave not changed in the last three years. is the change in merchandise inventory as a percentage of total assets favorable or unfayoroble
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