Business, 13.10.2021 02:30 Tywan566

During the year, the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year, so year-end figures may be used rather than averages. a. Compute the current ratio. (Round your answer to 1 decimal place.) b. Compute the quick ratio. (Round your answer to 1 decimal place.) c. Compute the working capital. d. Compute the debt ratio. (Round your percentage answers to nearest whole percent. i. e. 0.1234 as 12%.) e. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to the nearest whole number.) f. Compute the inventory turnover. (Round your answer to the nearest whole number.) g. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.)

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During the year, the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts re...

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