Selected balances from a company's financial statements are shown below.Calculate the following ratios for Year 2:
(a)accounts receivable turnover
(b)inventory turnover
(c)days' sales uncollected
(d)days' sales in inventory
(d)profit margin.
(e)return on total assets.

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The Answer of Selected balances from a company's financial statements are shown below.Calculate the following ratios for Year 2:
(a)accounts receivable turnover
(b)inventory turnover
(c)days' sales uncollected
(d)days' sales in inventory
(d)profit margin.
(e)return on total assets.

Selected Balances from a Company's Financial Statements Are Shown Below