15- If you would like to measure the effectiveness of asset management of a company, which of the following ratios would be the least useful? Average days in inventory Times interest earned ratio Average collection period Inventory turnover ratio Days sales outstanding
15- If you would like to measure the effectiveness of asset management of a company, which of the following ratios would be the least useful? Average days in inventory Times interest earned ratio Average collection period Inventory turnover ratio Days sales outstanding
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 52CE: Asset Efficiency Ratios Selected financial statement numbers for Rutherford Company follow....
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Question
15-
If you would like to measure the effectiveness of asset management of a company, which of the following ratios would be the least useful?
Average days in inventory |
||
Times interest earned ratio |
||
Average collection period |
||
Inventory turnover ratio |
||
Days sales outstanding |
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