(a)
Introduction:
Inventory turnover ratio measures the number of times a company has sold its inventory.
Receivable turnover ratio measures the number of times company collects its accounts receivable.
To calculate:
Inventory turnover ratio and receivable turnover ratio.
(b)
Introduction:
Inventory turnover ratio measures the number of times a company has sold its inventory.
Receivable turnover ratio measures the number of times company collects its accounts receivable.
To calculate:
Average days collection period of account receivables and average days to sell inventory.
(c)
Introduction:
Inventory turnover ratio measures the number of times a company has sold its inventory.
Receivable turnover ratio measures the number of times company collects its accounts receivable.
To comment:
On the above results.
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