Use the financial data shown below to calculate the following ratios for the current year:
(a) Current ratio
(b) Acid-test ratio
(c) Accounts receivable turnover
(d) Days' sales uncollected
(e) Inventory turnover
(f) Days' sales in inventory
Definitions:
Distributive process
The method through which resources or outcomes are allocated among parties, often implying a zero-sum scenario similar to distributive bargaining but with a broader application.
Integrative process
A negotiation strategy focused on collaboration and finding mutually beneficial solutions for all parties involved.
Field analysis
A systematic examination of the context, stakeholders, and dynamics involved in a situation, often used to inform strategies or decisions.
Key parties
The main or most important individuals or groups involved in an event, situation, or decision-making process.
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