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Manufacturing Statement; ratio analysis

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Problem #1
Using the given information, prepare the manufacturing statement for Forsythe Company for the month ended June 30.

Problem #3
Using the given comparative calendar-year financial data for the company, calculate:

(1) Accounts receivable turnover for 2005.
(2) Days' sales uncollected for 2005.
(3) Inventory turnover for 2005.
(4) Days' sales in inventory for 2005.


Solution Summary

The solution explains how to prepare a manufacturing Statement and also calculation of some ratios