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Use the financial statements for Bernard Company from Problem 9-22 to calculate the following for 2012 and 2011. a. Working capital b. Current Ratio c. Quick Ratio d. Accounts receivable turnover (beginning receivables at 01/01/2011, was $47,000) e. Average number of days to collect...
a. working capital b. current ratio c quick ratio d. accounts receivable turnover (begin receivable at jan 1, 2011 were $47,000) e. average number of days to collect accounts receivable f. inventory turnover (begin inventory at Jan 1,2011 was $140,000 g. average number of days to sell...
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Which of the following statement about long-term assets and disclosures is true? a. A business must disclose every depreciacle asset it owns in the financil statement. b.Disclosure of PP&E asset by major categories provides decision makers with insight on a company's cash flow expenditures. c....
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