operating Asset Management  Analysis
Se6. aCCoUntinG ConneCtion ▶ Using the information for Vision, Inc., in SE4 and SE5, compute the current ratio, quick ratio, receivables turnover, days’ sales uncol- lected, inventory turnover, days’ inventory on hand, payables turnover, days’ payable, and financing period for 2013 and 2014. Inventories were $8,000 in 2012, $10,000 in 2013, and $14,000 in 2014. Accounts receivable were $12,000 in 2012, $16,000 in 2013, and $20,000 in 2014. Accounts payable were $18,000 in 2012, $20,000 in 2013, and $24,000 in 2014. The company had no marketable securities or prepaid assets. Comment on the results. (Round to one decimal place.)
Â
Answers
Status NEW
Posted 23 Aug 2017 10:08 PM
My Price 5.00
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll
Not Rated(0)