Question: i Financial Statements - - Current Year Preceding Year Balance Sheet: Cash $ 24,000 S Short-term Investments 13,000 25,000 25,000 74.000 Net Accounts Receivables Merchandise


i Financial Statements - - Current Year Preceding Year Balance Sheet: Cash $ 24,000 S Short-term Investments 13,000 25,000 25,000 74.000 Net Accounts Receivables Merchandise Inventory 58.000 72.000 10.000 74,000 2.000 Prepaid Expenses Total Current Assets Total Current Liabilities 177 000 200.000 134.000 89.000 Income Statement: Print Done i Financial Statements Cash S 24,000 $ 25,000 Short-term Investments 13.000 25.000 58,000 74.000 Net Accounts Receivables Merchandise Inventory 74.000 72.000 10.000 Prepaid Expenses 2.000 Total Current Assets 177 000 200.000 Total Current Liabilities 134 000 89.000 Income Statement: Net Credit Sales S 462 000 Cost of Goods Sold 319.000 Print Done More Info a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Print Done
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