Based on the Information for the Following Three Companies,a)compute the Accounts

question 77

Essay

Based on the information for the following three companies,a)compute the accounts receivable turnover ratio for each company for 2X13 and b)determine which company is in the best liquidity position based on the calculation in part a.
$\begin{array}{l}\begin{array} { l } \\\text { Net credit sales } & 2 \times 13 \\& 2 \times 12 \\\text { Cost of goods sold } & 2 \times 13 \\& 2 \times 12 \\\text { Accounts receivable } & 2 \times 13 \\\text { (ending balance) } & 2 \times 12 \\\text { Inventory } & 2 \times 13 \\\text { (ending balance) } & 2 \times 12\end{array}\begin{array} { l } \text { Hadman }&\text { Teltor }&\text { Comdok }\\\$ 110,000 & \$ 120,000 & \$ 200,000 \\120,000 & 99,000 & 169,000 \\54,000 & 44,000 & 78,000 \\51,000 & 39,000 & 61,000 \\14,000 & 21,000 & 19,000 \\16,000 & 18,000 & 13,000 \\26,000 & 19,000 & 9,000 \\20,000 & 20,000 & 13,000\end{array}\end{array}$

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Definitions:

Primary Follicle

An early stage in the development of ovarian follicles, consisting of an oocyte surrounded by a single layer of granulosa cells.

Granulosa Cells

A type of cell surrounding the developing egg in the ovary and plays crucial roles in oocyte development, estrogen production, and follicle maturation.

Antrum

Cavity of an ovarian follicle filled with fluid containing estrogen.

Prostatic Urethra

The portion of the urethra that runs through the prostate gland, involved in the excretion of urine in males.