Question: use 2 decimal places, do not round the answer 1. debt ratio 2. account receivable turnover 3. Days in account receivable use 2 decimal spaces,
A company partial balance accounts are presented. (Los balances parciales de diferentes cuentas son presentados). Instructions: Compute the following ratios for 2015. (Calcule las siguientes proporciones (ratios) para el 2015.) Use 2 espacios decimales, NO redonde la respuesta 5. Debt ratio 2015 2014 $ $ Cash 70,000 65,000 42,000 Short-term investment Net accounts receivables 95,000 83,000 Inventory 255,000 305,000 Total current assets 593,000 543,000 Total current 263,000 230,000 liabilities Long tern note 54,000 56,000 payable Income from operations 188,000 161,000 Net credit sales 520,000 503,000
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