acc 205 financial statement analysis of ge 494833

Week 5 – Assignment Financial Ratios Please complete each of the exercises below in a word document. Save the document, and submit to in week using the Assignment Submission button.  http://vizedhtmlcontent.next.ecollege.com/pub/content/f43dbe39-2059-4a00-9fea-369a8541e3f6/Week_Five_Exercise_Assignment.docxWeek Five Exercise Assignment  Carefully review the  http://ashford.waypointoutcomes.com/assessment/2868/previewGrading Rubric for the criteria that will be used to evaluate your assignment. Week Five Exercise Assignment Financial Ratios Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10: Edison Stagg Thornton Cash $4,000 $2,500 $1,000 Short-term investments 3,000 2,500 2,000 Accounts receivable 2,000 2,500 3,000 Inventory 1,000 2,500 4,000 Prepaid expenses 800 800 800 Accounts payable 200 200 200 Notes payable: short-term 3,100 3,100 3,100 Accrued payables 300 300 300 Long-term liabilities 3,800 3,800 3,800 Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why? Computation and evaluation of activity ratios. The following data relate to Alaska Products, Inc: 20X5 20X4 Net credit sales $832,000 $760,000 Cost of goods sold 440,000 350,000 Cash, Dec. 31 125,000 110,000 Average Accounts receivable 180,000 140,000 Average Inventory 70,000 50,000 Accounts payable, Dec. 31 115,000 108,000 Compute the accounts receivable and inventory turnover ratios for 20X5. Alaska rounds all calculations to two decimal places. Profitability ratios, trading on the equity. Digital Relay has both preferred and common stock outstanding. The company reported the following information for 20X7: Net sales $1,500,000 Interest expense $120,000 Income tax expense $80,000 Preferred dividends $25,000 Net income $130,000 Average assets $1,100,000 Average…