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Home Q & A Board Other Fields Homework Help Business Accounting
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ʎddɐɥ ʎddɐɥ
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7 years ago
The following selected balance sheet information is available for Elmer, Inc.:
       2006          2005            2004     
Cash and cash equivalents   $ 642,000   $ 597,000   $ 625,000
Inventory   633,000   704,000   703,000
Current liabilities   1,141,000   1,115,000   1,141,000
Total assets   3,628,000   3,750,000   4,033,000
What are the common-size values for inventory for 2006 and 2005?
   2006   2005
A)    17.4   18.8
B)    90.0   107.3
C)    111.1   93.2
D)    15.7   18.7
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mourningbirdmourningbird
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7 years ago
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ʎddɐɥ Author
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7 years ago
Thank you, thank you, thank you!
Danivalda
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Brilliant ツ
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This site is awesome
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