Question: Hi, please help with the question below. Answer the question only in the case you can make sure to answer them all and provide a
Hi, please help with the question below. Answer the question only in the case you can make sure to answer them all and provide a detailed solution of how you get these answers. Thanks!

Ratios (12 points) The following information is available for Reeves Products: Accounts receivable Cost of goods sold Inventory (ending) Net cash provided by operating activities Net sales Capital expenditures Dividends 2014 $60,000 528.000 52,000 220,000 904,500 40,000 24,300 2013 $74,000 580,000 68,000 170,000 940,000 38,000 32,000 Instructions: Compute the following for 2014 1. Inventory turnover 2. Days in inventory 3. Accounts receivable turnover 4. Average collection period
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