On the basis of the following, financial information relating to Zeta Limited comments upon the working capital
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On the basis of the following, financial information relating to Zeta Limited comments upon the working capital management of the company. Use suitable ratios in support of your analysis.
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Particulars Cash and bank balance Trade receivable Inventory Current liabilities Sales Cost of goods sold 2017 1,009,000 6,409,200 5,337,700 4,580,800 35,642,750 24,173,150 (Amount in <) 2016 942,000 4,215,300 5,693,750 4,400,050 29,011,150 20,006,300
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To analyze the working capital management of Zeta Limited we can use various liquidity and efficiency ratios that provide insights into how effectivel...View the full answer
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