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book College Accounting 2nd Edition by David Haddock, John Price,Michael Farina cover

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958
book College Accounting 2nd Edition by David Haddock, John Price,Michael Farina cover

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958
تمرين 28
Calculating ratios.
The following selected accounts were taken from the financial records of Santa Barbara Distributors at December 31, 2013. All accounts have normal balances.
Calculating ratios.  The following selected accounts were taken from the financial records of Santa Barbara Distributors at December 31, 2013. All accounts have normal balances.     Merchandise inventory at December 31, 2012 was $57,558. Based on the account balances above, calculate the following: a. The gross profit percentage b. Working capital c. The current ratio d. The inventory turnover
Merchandise inventory at December 31, 2012 was $57,558. Based on the account balances above, calculate the following:
a. The gross profit percentage
b. Working capital
c. The current ratio
d. The inventory turnover
التوضيح
موثّق
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a)
Calculate gross profit ratio:
The G...

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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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