Question: An analyst is interested in assessing both the effi ciency and liquidity of Spherion PLC. Th e analyst has collected the following data for Spherion:

An analyst is interested in assessing both the effi ciency and liquidity of Spherion PLC. Th e analyst has collected the following data for Spherion:

FY3 FY2 FY1 Days of inventory on hand 32 34 40 Days sales outstanding 28 25 23 Number of days of payables 40 35 35 Based on this data, what is the analyst least likely to conclude?

A . Inventory management has contributed to improved liquidity.

B . Management of payables has contributed to improved liquidity.

C . Management of receivables has contributed to improved liquidity.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Financial Statement Analysis Questions!

2. 1. Comparison of a company's financial results to other peer companies for the same time period is called: 2. technical analysis. b. time-series analysis. c. cross-sectional analysis. In order to...

Tiffany Inc. issued a 9% note payable to First Choice Bank for $100,000 with 10 equal payments of $15,582 (principal plus interest) due at the end of each year. Indicate the impact on the financing...

17. Which of the following would best explain an increase in receivables turnover? (159) The company adopted new credit policies last year and began offering credit to customers with weak credit...

Based on this data, what is the analyst least likely to conclude? A- Inventory management has contributed to improved liquidity. B- Management of payables has contributed to improved liquidity. C-...

An analyst is interested in assessing both the efficiency and liquidity of Sphere PLC. The analyst has collected the following data for Spherion: FY3 FY2 FY1 Days of inventory on 40 34 30 hand Days...

An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the following data for Spherion: Based on this data, what is the analyst least...

5 An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the following data for Spherion: FY3 FY2 FY1 Days of inventory on hand 32 34 40...

3. An analyst (you) is interested in assessing both the efficiency and liquidity of Sperion PLC. The analyst has collected the following data for Sperion: FY1 FY2 FY3 Receivables turns 9.0 9.5 10.0...

In general, when funds are distributed from a qualified retirement plan, the recipient of the distribution will have taxable income and the entire distribution is taxed at the at the time of the...

Make an NFA for this. (a) L1 = {a^n : n = 3i, n!=4j}

Rosemary Hanes needs help in scheduling the volunteers working at the local crisis pregnancy center. Create a work schedule that will meet the demand requirements, given that a volunteer will only...

What type of consulting firm provides advice and guidance on how to approach issues such as the environmental impact of a new distribution center or new water restrictions?

Describe the set of antiderivatives of f(x) = 1.