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The following data is from the income statement of Ralston Company:
Revenue$ 4,000Cost of goods sold(2,100)Operating expenses(560)Net income$ 1,340
What is the company's gross margin percentage?
AccountCompany XCompany YCompany ZCost of goods sold$4,360,000$9,062,500$6,868,000Inventory$ 554,000$ 797,000$ 683,600
What is the average number of days to sell inventory for Company Y?
The following information is taken from the balance sheet of Atlanta Company:
Current assets$ 1,650Current liabilities$ 750Property, Plant & Equipment1,600Noncurrent liabilities740Total assets$ 3,250Total liabilities$ 1,490
What is Atlanta Company's current ratio?
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