Refer above to the balance sheet and income statement for Abercrombie Supply Company for the year ended
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Refer above to the balance sheet and income statement for Abercrombie Supply Company for the year ended June 30, 2013. Calculate the following ratios:
Days' sales outstanding
Total asset turnover
Fixed asset turnover
Total debt ratio
Debt-to-equity ratio
Times interest earned ratio
Cash coverage ratio?
Inventory Turnover RatioInventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1118868416
1st edition
Authors: Robert Parrino, David S. Kidwell, Thomas Bates
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