The following information is from Evoneo Corp balance sheets as of December 31,2021 and 2020 and income statement for 2021:
From the above information,calculate the following for 2021: (a)Current ratio.(b)Accounts receivable turnover.(c)Days sales uncollected.(d)Merchandise turnover.(e)Times interest earned.
Definitions:
Per-Capita Consumption
The average consumption of goods or services per person within a specific population or area.
Population
The sum of individuals living in a specific region or nation.
Total Fertility Rate
The typical amount of children a woman is expected to have throughout her life, based on present fertility rates.
Replacement Rate
The ratio of a retiree's pension benefit to their earning before retirement, often used to measure the adequacy of retirement income.
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