8. What is the acid-test ratio at the end of this year? (Round your answer...
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Accounting
8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)
9. What is the accounts receivable turnover and the average collection period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)
11. What is the companys operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decimal places.)
Required information The Foundational 15 (Algo) [L014-2, L014-3, L014-4, L014-5, L014-6] [The following information applies to the questions displayed below.] Markus Company's common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per share this year. It also provided the following data excerpts from this year's financial statements: Foundational 14-8 (Algo)
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