The following data were shown in the records of Victoria Company at the end of 2016: Required:
Calculate each of the following ratios. Round your answers to one decimal place.
A. Quick ratio
B. Current ratio
C. Receivable turnover ratio
D. Inventory turnover ratio
E. Average days to collect receivables
F. Average days to sell inventory

Question

The following data were shown in the records of Victoria Company at the end of 2016:  Required:
Calculate each of the following ratios. Round your answers to one decimal place.
 A. Quick ratio
 B. Current ratio
 C. Receivable turnover ratio
 D. Inventory turnover ratio
 E. Average days to collect receivables
 F. Average days to sell inventory

Quizplus · Accepted Answer

The Answer of The following data were shown in the records of Victoria Company at the end of 2016:  Required:
Calculate each of the following ratios. Round your answers to one decimal place.
 A. Quick ratio
 B. Current ratio
 C. Receivable turnover ratio
 D. Inventory turnover ratio
 E. Average days to collect receivables
 F. Average days to sell inventory

The Following Data Were Shown in the Records of Victoria