Refer below to the balance sheet and income statement for Abercrombie Supply Company for the year ended
Question:
a. Inventory turnover
b. Days' sales outstanding
c. Total asset turnover
d. Fixed asset turnover
e. Total debt ratio
f. Debt-to-equity ratio
g. Times interest earned
h. Cash coverage?
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1118845899
3rd edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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