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Manufacturing Statement; ratio analysis

See attached files for full problems.

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.

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Solution Summary

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

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