Find liquidity ratios both the current and quick rations

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The Tooty Fruity Ltd. company has published the balance sheet for 2019 this year. In the same year, the sales were $3,500,000 and the cost of goods sold was $2,250,000. From this balance sheet find the following:

Problem a) Liquidity ratios, both the current and quick rations.

Problem b) Efficiency (Activity) ratios: the inventory turnover ratio. The Accounts Receivable Turnover Ratio. The fixed asset turnover ratio

Problem c) Leverage ratio: The long-term debt ratio.

Problem d) Now, if the industrial average long-term debt ratio is 15%, what do you think? This company was good or bad? Why?

Reference no: EM132746292

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