a. b. C. d. Is the restaurant becoming more efficient in the collection of its account...
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a. b. C. d. Is the restaurant becoming more efficient in the collection of its account receivable? Over the years has more or less money been invested in inventory? Has the working capital increased since 2017? Did the company issue new stocks to increase equity in 2019? CURRENT RATIO INVENTORY TURNOVER ACCOUNTS RECEIVABLE TURNOVER NET RETURN ON ASSETS DEBT TO EQUITY RETURN ON EQUITY REVENUE EARNING PER SHARE 2017 2.40 38.00 28.00 10.00% 3.50 9.50% $ 850,000 $ 2.75 2018 2.60 38.00 20.00 14.00% 2.20 9.80% $ 880,000 $ 2.63 2019 2.50 40.00 15.00 17.00% 1.00 6.50% $ 860,000 $ 1.30 a. b. C. d. Is the restaurant becoming more efficient in the collection of its account receivable? Over the years has more or less money been invested in inventory? Has the working capital increased since 2017? Did the company issue new stocks to increase equity in 2019? CURRENT RATIO INVENTORY TURNOVER ACCOUNTS RECEIVABLE TURNOVER NET RETURN ON ASSETS DEBT TO EQUITY RETURN ON EQUITY REVENUE EARNING PER SHARE 2017 2.40 38.00 28.00 10.00% 3.50 9.50% $ 850,000 $ 2.75 2018 2.60 38.00 20.00 14.00% 2.20 9.80% $ 880,000 $ 2.63 2019 2.50 40.00 15.00 17.00% 1.00 6.50% $ 860,000 $ 1.30
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a To determine whether the company is becoming more efficient in the collection of its accounts receivable we can look at the accounts receivable turn... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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