$\backslash$table$[[,2020,2019],[$Assets$],[$Current assets$],[$Cash$,$$$377,000,$$$417,400],[$Accounts receivable, net,$1,048,000,776,450],[$Inventory$,729,000,681,100],[$Other current assets,$381,300,247,100],[$Total current assets,$2,535,300,2,122,050],[$Property$,$ plant, & equipment, net,$8,706,535,8,440,045],[$Total assets,$$11,241,835,$$$10,562,095],[$Liabilities and Stockholders' Equity$],[$Current liabilities,$$3,181,000,$$$2,846,100],[$Long$-$term debt,$3,702,700,3,892,650],[$Total liabilities,$6,883,700,6,738,750],[$Preferred stock, $$5$ par value,$59,000,59,000],[$Common stock, $$0\mathrm{.}25$ par value,$104,650,103,900],[$Retained earnings,$4,194,485,3,660,445],[$Total stockholders' equity,$4,358,135,3,823,345],[$Total liabilities and stockholders' equity,$$11,241,835,$$$10,562,095]]$

Comparative Income Statement and Statement of Retained Earnings

For the Year

$($a$-$d$)$

Calculate the following liquidity ratios for $2020.($If working capital is negative then enter with a negative sign preceding the number or parentheses, e$.$g$.-15,000$ or $(15,000).$ Round all answers except working capital to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

$\backslash$table$[[$a$.$ Working capital,$],[$b$.$ Current ratio,$],[$Acid$-$test ratio,$],[$d$.$ Accounts receivable turnover,times$],[$eTextbook and Media$],[$for Later,$]]$

$($e$-$f$)$

Calculate the following liquidity ratios for $2020.($Round average collection period to O decimal place, e$.$g$.25$ and inventory turnover ratio to $2$ decimal places, e$.$g$.5\mathrm{.}12.$ Use $365$ days for calculation.$)$

$\begin{array}{cc}a.\text{A}\text{v}\text{e}\text{r}\text{a}\text{g}\text{e}\text{c}\text{o}\text{l}\text{l}\text{e}\text{c}\text{t}\text{i}\text{o}\text{n}\text{p}\text{e}\text{r}\text{i}\text{o}\text{d}& \text{d}\text{a}\text{y}\text{s}\\ b.\text{I}\text{n}\text{v}\text{e}\text{n}\text{t}\text{o}\text{r}\text{y}\text{t}\text{u}\text{r}\text{n}\text{o}\text{v}\text{e}\text{r}& ?\\ \text{e}\text{T}\text{e}\text{x}\text{t}\text{b}\text{o}\text{o}\text{k}\text{a}\text{n}\text{d}\text{M}\text{e}\text{d}\text{i}\text{a}& \text{A}\text{t}\text{t}\text{e}\text{m}\text{p}\text{t}\text{s}\text{:}0of3\text{u}\text{s}\text{e}\text{d}\\ \text{S}\text{a}\text{v}\text{e}\text{f}\text{o}\text{r}\text{L}\text{a}\text{t}\text{e}\text{r}& ?\end{array}$

$($g$)$

Calculate average days to sell inventory for $2020.($Round answer to O decimal places, e$.$g$.25.$ Use $365$ days for calculation.$)$

Average days to sell inventory

ays

$\backslash$table$[[$eTextbook and Media$],[$Save for Later,Attempts: $0$ of $3$ used$]]$