number 1 through 4 assignment

Using the information on the financial statements on the next two pages, calculate the following ratios for the current year. 1. Days' sales outstanding in receivables = 2. Days'sales in inventory = 3. Days' purchases in accounts payable = The company had credit purchases of $740,000 for the current year. 4. Operating cycle = Days' sales in inventory + Days' sales outstanding in receivables