Question: The following information was taken from the annual reports of

The following information was taken from the annual reports of two high-end jewelry retailers:
Required
a. Calculate the 2012 receivables turnover ratio for both companies
b. Compare the two companies. Which one is more efficient with their receivables?
c. What other methods and factors would one consider when evaluating receivables? What one other comparison demonstrates one company's efficiency over the other?

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  • CreatedJuly 16, 2015
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