SondraCaudill_Unit2_AB239_01

SondraCaudill_Unit2_AB239_01 - 17­1 A 2010 A/P 78,400 Long...

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Unformatted text preview: 17­1 A 2010 A/P 78,400 Long 101,760 17­2 A Sales Gross Net 500,000 140,000 40,000 100% 28% 8% 2009 70,000 96,000 Increase 8,400 or 12% Increase 5,760 or 6% 17­3 A Cash 190,000 Temp 150,000 A/R net 260,000 Inventory 300,000 A/P 600,000 900,000/600,000=1.5=current ratio 600,000/600,000=1=quick rate PR 17­2 A 102,000 or 16.7% 2,000 or 16.7% 100,000 or 16.7% 10,000 or 3.2% 90,000 or 31.3% 34,000 or 28.3% 4,000 or 6.1% 38,000 or 20.43% 4,000 or 16.7% 56,000 or 44.4% 10,000 or 16.7% 46,000 or 69.7% ...
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This note was uploaded on 05/06/2011 for the course ACCT 410 taught by Professor David during the Spring '10 term at Kaplan University.

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