The financial statements of Cunningham Financial Group include the following items: Required Compute the following ratios for the current year: a. Current ratio                                   c. Inventory turnover b. Acid-test ratio                                d. Days’ sales in average receivables

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Chapter15: Financial Statement Analysis
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The financial statements of Cunningham Financial Group include the following items:

Required

Compute the following ratios for the current year:

a. Current ratio                                   c. Inventory turnover

b. Acid-test ratio                                d. Days’ sales in average receivables

 

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