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# Exercise D12-8 Crane Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income...

$3,660,445

Calculate the following liquidity ratios for 2016. **(If working capital is negative then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000). Round all answers except working capital to 2 decimal places, e.g. 2.55.)**

a.Working capital$

b.Current ratio

c.Acid-test ratio

d.Accounts receivable turnover

times

Calculate the following liquidity ratios for 2016. **(Round average collection period to 0 decimal place, e.g. 25 and inventory turnover ratio to 2 decimal places, e.g. 5.12. Use 365 days for calculation.)**

a.

days

b.Inventory turnover

times

Calculate average days to sell inventory for 2016. **(Round answer to 0 decimal places, e.g. 25. Use 365 days for calculation.)**

Average days to sell inventory

days