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    Throwback24's Avatar
    Throwback24 Posts: 44, Reputation: -1
    Junior Member
    		  
    #1

    Nov 16, 2009, 07:33 PM
    Liquidity Ratio and Turnover Ratio
    Question:

    http://i37.tinypic.com/2hz7cjr.jpg

    I did A) and got 23 and 12. I'm stuck on B and C.

    What you need:

    Nov:

    http://i38.tinypic.com/2196kb6.jpg

    Dec:

    http://i35.tinypic.com/2z49x8z.jpg
    http://i33.tinypic.com/j94myr.jpg (Includes Sales for Turnover Ratio)

    Any help would be appreciated. I thought B would be flipping the #'s in A, didn't work.

    Do not understand B and C...
    Throwback24's Avatar
    Throwback24 Posts: 44, Reputation: -1
    Junior Member
    		  
    #2

    Nov 16, 2009, 08:29 PM
    For B. The Dec.31 figure is 7.96. I'm stuck on Nov.31 and the AR turnover part.
    Throwback24's Avatar
    Throwback24 Posts: 44, Reputation: -1
    Junior Member
    		  
    #3

    Nov 16, 2009, 10:26 PM

    Took hours but figured it out.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #4

    Nov 18, 2009, 09:06 PM

    Perseverance. It's supposed to take hours to learn things, and you probably learned more having figured it out on your own. ;)
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