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irses/36024/assignments/3780938 (a-d) x Your answer is incorrect. Calculate the following liquidity ratios for 2016. (If work
Pharoah Medical manufactures hospital beds and other institutional furniture. The companys comparative balance sheet and inc
Total current assets 2,570,350 2,122,050 Property, plant, & equipment, net 8,651,835 8,439,645 Total assets $11,222,185 $10,5
S/36024/assignments/3780938 Pharoah Medical Comparative Income Statement and Statement of Retained Earnings For the Year 2016
History Bookmarks People Tab Window Help com/courses/36024/assignments/3780938 Interest expense 300,300 308,650 Net income be
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Answer #1

(a) Narking Capital - Canent Assets a Current Liabilities $2570 350 - $3,162,000 = $591,650) 11 N(6) Current Ratio - Current Assets Current liabilities Current Assets=2570,350 Current Liabilities - $3,162,000 - $2,570,350(d) Accounts Recievable Turnover Net Gedit sales Average Accounts Receivables < Average Accounts Receivable . = Previous Year

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