Week 13 Unit 11 Additional tutorial questions(R ) - Word (* )登入困O X檔案常用插入設計版面配置参考資料郵件校閱檢視說明Q 告訴我您想做什麼4共用受保護的檢視小心,來自於網際網路的檔案可能有病毒。除非您需要編輯,否則停留在[受保護的檢視]中較為安全。啟用編輯(E)通知大部分功能已停用,因為您的Office 產品處於非使用中的狀態。若要免費使用,請登入並使用網頁版。啟動(A)前往 Office.com 免費使用Week13 Unit 11 Additional questionsQuestion 14Shown below are selected financial data for AB and XY Limited at the end of the current year:<AB LtdXY LtdeNet credit sales$675,000$560,000-Cost of goods sold504,000480,000-Cash51,00020,000-Accounts receivable75,00070,000Inventory84,000160,000Current liabilities105,000100,000-Required:a) For each of the two companies, compute the following:1. Working capital2. Current ratio3. Quick ratio4. Inventory turnover ratio and average number of days required to turn over inventory5. Accounts receivable ratio and average accounts receivable collection period.b) From the viewpoint of a short-term creditor, comment on the quality of each company'sworking capital. To which company would you prefer to sell $20,000 in goods on a 30-dayopen account?-第1頁,共2頁272 個字100%20:10o在這裡輸入文字來搜尋日W后 )英18/4/2021

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Week13 Unit 11 Additional questions Question 1 Shown below are selected financial data for AB and XY Limited at the end of the current year: XY Ltd $560,000 AB Ltd Net credit sales $675,000 Cost of goods sold 504,000 480,000- Cash 51,000 20,000 Accounts receivable 75,000 70,000e 160,000 100,000 Inventory 84,000 Current liabilities 105,000 Required: a) For each of the two companies, compute the following: 1. Working capital 2. Current ratio 3. Quick ratio 4. Inventory turnover ratio and average number of days required to turn over inventorye 5. Accounts receivable ratio and average accounts receivable collection period." b) From the viewpoint of a short-term creditor, comment on the quality of each company's working capital. To which company would you prefer to sell $20,000 in goods on a 30-day open account?

Week13 Unit 11 Additional questions Question 1 Shown below are selected financial data for AB and XY Limited at the end of the current year: XY Ltd $560,000 AB Ltd Net credit sales $675,000 Cost of goods sold 504,000 480,000- Cash 51,000 20,000 Accounts receivable 75,000 70,000e 160,000 100,000 Inventory 84,000 Current liabilities 105,000 Required: a) For each of the two companies, compute the following: 1. Working capital 2. Current ratio 3. Quick ratio 4. Inventory turnover ratio and average number of days required to turn over inventorye 5. Accounts receivable ratio and average accounts receivable collection period." b) From the viewpoint of a short-term creditor, comment on the quality of each company's working capital. To which company would you prefer to sell $20,000 in goods on a 30-day open account?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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