Problem16-42

Problem16-42 - Current liabilities Current liabilities...

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Problem 16-42 Name: Enter the appropriate amounts or formulas in the gray-shaded cells. An asterisk (*) will appear in the column to the right of an incorrect amount. 1. Current ratio: / = Current ratio 2. Quick ratio: Quick assets / = Current ratio 3. Net sales / = Turnover times per year 4. Days of Year / = days 5. / = times per year 6. Days of Year / = days Current assets
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Unformatted text preview: Current liabilities Current liabilities Accts. Rec. Turnover Average receivables Accts. Rec. Turnover in Days Accts. Rec. Turnover Turnover in days Inventory turnover ratio Cost of goods sold Average inventory Inventory turnover ratio Inventory Turnover in Days Inventory Turnover Turnover in days...
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This note was uploaded on 07/13/2011 for the course ACC 202 taught by Professor Woollen during the Spring '08 term at Hawaii.

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Problem16-42 - Current liabilities Current liabilities...

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