Solve for (A)current Ratio, (B)acid Test, (C)average Day's Collection (360)

question 87

Short Answer

Solve for (A)current ratio, (B)acid test, (C)average day's collection (360), (D)asset turnover, and (E)profit margin on sales. (Round to nearest hundredth or hundredth percent as needed.)
$$\begin{array} { | l | l | } \hline \text { Current Assets } & \$ 26,000 \\\hline \text { Accounts Receivable } & \$ 4,100 \\\hline \text { Current Liabilities } & \$ 16,500 \\\hline \text { Inventory } & \$ 4,100 \\\hline \text { Net Sales } & \$ 52,000 \\\hline \text { Total Assets } & \$ 38,000 \\\hline \text { Net Income } & \$ 8,000 \\\hline\end{array}$$

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Professional Boxing is a sport and occupation involving combat in which two participants throw punches at each other for a predetermined set of time in a boxing ring, adhering to specific rules and regulations.

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Persistent aggression by a perpetrator against a victim for the purpose of establishing a power relationship over the victim.

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Definition: Ongoing and repeated aggressive behavior displayed by an individual or group, often signifying a deeper psychological issue.

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A dynamic of interaction between individuals or groups based on the unequal distribution of power.