This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Compute the following ratios at December 31, 2010. (Round to 3 decimal places, e.g. 2.515.) Current :1 Receivables turnover times Average collection period days Inventory turnover times Days in inventory days Cash debt coverage times Current cash debt coverage times Free cash flow $ Current 3.000:1 Receivables turnover 5.600 times Average collection period 65.179 days Inventory turnover 3.600 times Days in inventory 101.389 days Cash debt coverage 0.310 times Current cash debt coverage 0.873 times Free cash flow $ 5,000...
View Full Document
- Spring '10
- Balance Sheet, Generally Accepted Accounting Principles, cash debt coverage