Use the following data to calculate the requested ratios: * Prior- period inventory was 170. a. Current

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Use the following data to calculate the requested ratios:
Use the following data to calculate the requested ratios:* Prior-

* Prior- period inventory was 170.
a. Current ratio
b. Days accounts receivable
c. Inventory turnover
d. Days accounts payable outstanding
e. Debt to equity
f. Times interest earned
g. ROE
h. Total asset turnover (asset utilization)

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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