WK4 d2C - questions, please feel free to contact me. Dollar...

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P 9-32A (20-30 mi a. Current Ratio = $730,00 $480,00 b. Acid-test Ratio = $280,00 $480,00 c. One day's sales = $2,600,0 365 d. $170,00 $7,123.0 Days' sales in receivables =
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Date: March 3, 2011 To: Les Arnold From: Miranda Simmons Subject: Ratios Dear Mr. Arnold; I am writing you to let you know that there has been a change in your rati show better daily sales, your annual ratio has decreased which is unfavo
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Unformatted text preview: questions, please feel free to contact me. Dollar amounts in thousands 2008 2007 00 1.52 $680,000 1.66 00 $410,000 00 0.58 $270,000 0.66 00 $410,000 000 $7.12 $2,500,000 $6,849.00 365 00 24 $135,000 19.71 .00 $6,849.00 ios from 2007-2008. Although you rable in our eyes. If you have any...
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WK4 d2C - questions, please feel free to contact me. Dollar...

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