Question: This problem uses the financial statements for the Genatron Manufacturing Corporation for the years 2015 and 2014 from Problem 6. a. Calculate Genatrons dollar amount

This problem uses the for the Genatron Manufacturing for the years 2015 and 2014 from Problem 6.
a. Calculate Genatron’s dollar amount of net working capital in each year.
b. Calculate the current ratio and the acid-test ratio in each year.
c. Calculate the average collection period and the inventory-turnover ratio in each year.
d. What changes in the management of Genatron’s current assets seem to have occurred between the two years?

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a Net working capital Current assets Current liabilities 2015 800000 330000 470000 2014 700000 27... View full answer

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