From the information presented in Table 4-6, calculate the following r

From the information presented in Table 4-6, calculate the following ratios for the Springfield Power Co.

i. current ratio
ii. acid test ratio
iii. average collection period
iv. inventory turnover
v. gross profit margin
vi. operating profit margin
vii. net profit margin
viii. total asset turnover

ANSWER

i. Current ratio = (300 + 280 + 325 + 80)/(200 + 180 +