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ACC 400 Final Exam

ACC 400 Final Exam

ACC 400 Final Exam


http://www.storehomework.com/products/final-exam?pagesize=12

ACC 400 Final Exam


http://www.storehomework.com/products/final-exam?pagesize=12

ACC 400 Final Exam


Below is the course final. Please number you answer sheet from 1-20 and include the correct response by each number.


Good Luck!


1. Zelma Company's last financial statements provided the following ratios:


Current ratio 3:2


Quick ratio 1:2


Accounts receivable turnover 9.0 times


Inventory turnover 8.0 times


Net income percentage 12.5%


Return on equity 22.6%


Return on assets 9.8%


To the nearest day, what is the operating cycle for Zelma?


a) 80 days


b) 86 days


c) 172 days


d) 129 days

ACC 400 Final Exam


Below is the course final. Please number you answer sheet from 1-20 and include the correct response by each number.


Good Luck!


1. Zelma Company's last financial statements provided the following ratios:


Current ratio 3:2


Quick ratio 1:2


Accounts receivable turnover 9.0 times


Inventory turnover 8.0 times


Net income percentage 12.5%


Return on equity 22.6%


Return on assets 9.8%


To the nearest day, what is the operating cycle for Zelma?


a) 80 days


b) 86 days


c) 172 days


d) 129 days

ACC 400 Final Exam

ACC 400 Final Exam

ACC 400 Final Exam

ACC 400 Final Exam