Question: Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d accounts (including notes) receivable turnover, (d inventory turnover, (e) days' sales
Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d accounts (including notes) receivable turnover, (d inventory turnover, (e) days' sales in inventory, and () days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Req 18 Ratio Turn Turnover Inv For both companies compute the days' sales uncollected. Days Sales Uncellested Choose l Choose Denominator Days Days Sales U x365Days' sales uncollected Current receivables, net counts receivable, net Barco days Kyan days 1A Days Sal in Inv Req 18 >
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