Question: Selected financial statement data for Morton Company are presented below During 2011, net sales were $900,000, and coat of good sold was $705,000. Compute the

Selected financial statement data for Morton Company are presented below During 2011, net sales were $900,000, and coat of good sold was $705,000. Compute the following ratios at December 31, 2011: Current. Acid-test. Receivables turnover. Inventory turnover. Working capital

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