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(Solved): e company's comparative balance sheet and Calculate the following liquidity ratios for 2020 . ...



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?e company's comparative balance sheet and Calculate the following liquidity ratios for 2020 . (If working capital is negative then enter with a negative sign preceding the number or parentheses, e.g. or . Round all answers except working capital to 2 decimal places, e.g. 2.55.) a. Working capital b. Current ratio c. Acid-test ratio d. Accounts receivable turnover times Calculate the following liquidity ratios for 2020 . (Round average collection period to 0 decimal place, e.g. 25 and inventory turnover ratio to 2 decimal places, e.g. 5.12 . Use 365 days for calculation.) a. Average collection period days b. Inventory turnover times Calculate average days to sell inventory for 2020 . (Round answer to O decimal places, e.g. 25 . Use 365 days for calculation.) Average days to sell inventory days


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Computation of first set of Liquidity ratios:

a. Working Capital = $(706,650)



b. Current Ratio = 0.78



c...
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