Solution-For the year net sales were 5634 million and cost

For the year net sales were 5634 million and cost of goods

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Reference no: EM13575833

Selected financial statement data for Jamestown Resorts for the year ending January 31, 2008, are as follows:

JAMESTOWN RESORTS, INC. Balance Sheet (partial) (in millions)
	End of Year	Beginning of Year
Cash and cash equivalents	$331	$25
Receivables (less allowance of $23 and $17)	699	722
Merchandise inventory	888	946
Prepaid expenses	37	29
Other current assets	102	91
Total current assets	$2,057	$1,813
Total current liabilities	$950	$951

For the year, net sales were $5,634 million, and cost of goods sold was $3,766 million. Instructions Compute the four liquidity ratios at the end of the current year.

Reference no: EM13575833

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For the year net sales were 5634 million and cost of goods

Reference no: EM13575833

Reference no: EM13575833

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