Given the following Balance Sheets for Leo Construction in 2021, answer the question 3, 4...
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Given the following Balance Sheets for Leo Construction in 2021, answer the question 3, 4 and 5. For Leo Construction, if the total direct cost and the cost of labor are $3,056,085 and $800,097 in the income statement for year 2021, what is the company's average age of accounts payable in 2021? What is the average quick ratio for the company in 2021 (keep two decimal places)? For Leo Construction, if the operation revenue in the income statement for year 2021 is $3,685,150, what is the company's average age of accounts receivable in year 2021
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Given the following Balance Sheets for Leo Construction in 2021, answer the question 3, 4 and 5. For Leo Construction, if the total direct cost and the cost of labor are $3,056,085 and $800,097 in the income statement for year 2021, what is the company's average age of accounts payable in 2021? What is the average quick ratio for the company in 2021 (keep two decimal places)? For Leo Construction, if the operation revenue in the income statement for year 2021 is $3,685,150, what is the company's average age of accounts receivable in year 2021 