Question: Please help with 29 and 30. 29. Below you will find balance sheet information for Dixon Company: Accounts payal $ 40,000 Accounts receiv 65,000 Accrued

Please help with 29 and 30.

Please help with 29 and 30. 29. Below you will find balance

29. Below you will find balance sheet information for Dixon Company: Accounts payal $ 40,000 Accounts receiv 65,000 Accrued liabilit 7,000 Cash 30,000 Intangible asset 40,000 Inventory 72,000 Long-term inve 110,000 Long-term liab 75,000 Marketable sec 36,000 Notes payable 30,000 Property, plant, 625,000 Prepaid expens 2,000 Based on the above data, what is the quick ratio, rounded to one decimal point? A. 2.6 B. 0.9 C. 1.7 D. 2.7 30. Based on the following data, what is the accounts receivable turnover? Sales on accour $700,000 Cost of mercha 270,000 Accounts receiv 45,000 Accounts recei 35,000 Inventory, begi 90.000 Inventory, end 110,000 A. 2.6 B. 15.5 C. 20 D. 17.5

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