Question: Use the data below to: ( i ) calculate the followings and ( ii ) explain your results: ( a ) Current ratio ( b
Use the data below to: i calculate the followings and ii explain your results:
a Current ratio
b Acid test ratio
c Average collection period
d Inventory turnover
e Gross profit margin
f Operating profit margin
g Net profit margin
h Total tangible asset turnover
i Times interest earned
j Profit before taxes
Please note that all sales are on credit.
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