Lundberg Corporation\'s most recent balance sheet and income statement appear be

Question

Lundberg Corporation's most recent balance sheet and income statement appear below:

Dividends on common stock during Year 2 totaled $30 thousand. The market price of common stock at the end of Year 2 was $9.37 per share.

Compute the working capital for Year 2. (Input your answer in thousands of dollars. Omit the "$" sign in your response.)

Compute the current ratio for Year 2. (Round your answer to 2 decimal places.)

Compute the average collection period for Year 2. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to one decimal place.)

Lundberg Corporation's most recent balance sheet and income statement appear below:

Explanation / Answer

Lundberg Corporation's most recent balance sheet and income statement appear be

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