Question: Require: a) Current Ratio? b) Quick Ratio? c) Accounts receivable turnover Ratio ? d) Accounts receivable turnover in days ? e) Inventory turnover Ratio ?
a) Current Ratio?
b) Quick Ratio?
c) Accounts receivable turnover Ratio?
d) Accounts receivable turnover in days ?
e) Inventory turnover Ratio ?
f) Inventory turnover in days ?
g) Assets turnover Ratio ?
h) Debt to Equity ?
i) Debt Ratio ?
j) Equity Ratio ?
Q1. Murawski Corporation's comparative balance sheets are presented below. Murawski Company Balance Sheets December 31 2018 2019 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity--common Total liabilities and stockholders' equity $ 330 470 460 120 1.380 10 420 530 $2.340 S 900 410 1.030 $2.340 $360 400 390 160 1,310 10 380 510 $2,210 $ 790 380 1,040 $2,210 Murawski's 2019 income statement included net sales of $ 2000, cost of goods sold of $1500 and net income of $500. Note: All sales on credit. Required: 10 X 0.25 = 2.5 1. Compute the following ratios for 2019
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