Can you answer these questions in the yellow field 9:29 N 6. I...
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Accounting
Can you answer these questions in the yellow field
9:29 N 6. I am sharing 'Workshop 5 Problems Student (1) (4 - A fx A B D E 1 5.2 Ratio Analysis Points: 3 items @ 4 poi 2 3 Directions: Compute the following liquidity ratios based on t 4 5 a) Inventory Turnover 6 Sales $ 750,000 7 Cost of Goods Sold $ 473,000 8 Merchandise Inventory 9 Beginning of year $ 40,000 10 End of Year $ 44,000 11 12 Merchandise Inventory Turnover 13 14 b) Working Capital & Current Ratio 15 June 30,2018 Current Assets are $650,000 16 June 30, 2018 Current Liabilities are $250,000 17 Issued long term note to the bank for $80,000 cash 18 Before the 19 Transaction After the Transaction 20 1 Working Capital $ 400,000 $ 480,000 21. 2 Current Ratio 22 23 Helpful Resources 24 25 Principles of Accouting 26 Page 285-304 27 28 Ratio Analysis Video 29 BO 31 32 33 Problem 5.2 Problem 5.3 + III
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