Nama : Gusti Ayu Pratiwi

NIM : 5170111174

SOAL 1

SOAL 2

BE 18-9

a. Current assets $45,918,000

Current liabilities $40,644,000
Working capital $5,274,000
b. Current ratio
Current assets = $ 45,918,000
Current liabilities $ 40,644,000
= $ 1.12
c. Acid test ratio
Cash + short term inventments+ receivables $8,041,000 + $4,947,000 + $12,545,000
Current liabilities = $40,644,000

= $25,533,000

$40,644,000

= $0.63

SOAL 3

BE 18-11

a. Receivable turnover = net credit sales : average net receivables

2018 2017
1. $3,960,000 : $535,000 = 7.4 times $3,100,000 : $500,000 = 6.2 times

($520,000 + $550,000)+2 ($480,000 + $520,000) + 2

2. Average collection period

365 : 7.4 = 49.3 days 365 : 6.2 = 58.9 days
b. Marino Company should be pleased with the effectiveness of its credit ang collection
policies. The company has decreased the average collection period by 9.6 days and the
collection period of approximately 49 days is well within the 60 days allowed in the credit
terms.

SOAL 4

BE 18-12

a. Inventory turnover = cost of goods sold : average inventory

1. 2018 2017
$4,300,000 : ($980,000 + $1,020,000) $4,541,000 : ($860,000+$980,000)
2 2
= 4.3 times = 4.9 times
 Beginning inventory $ 980,000 $ 860,000
Purchases 4,340,000 4,661,000
Goods available for sale 5,320,000 5,521,000
Ending inventory 1,020,000 980,000
Cost of goods sold $ 4,300,000 $ 4,541,000
2. Days in inventory
365 : 4.3 = 84.9 days 365 : 4.9 = 74.5 days
b. Management should be concerned with the fact that inventory is moving slower in 20018 it
did in 2017. The decrease in the turnover could be because of poor pricing decisions or
because the company is stuck with obsolete inventory.

SOAL 5