Question: PITY 3.6.1 AL OIL Pxecutives frequently compare the performance and efficiency of their company with those of other major oil panies. The following data is

 PITY 3.6.1 AL OIL Pxecutives frequently compare the performance and efficiency

PITY 3.6.1 AL OIL Pxecutives frequently compare the performance and efficiency of their company with those of other major oil panies. The following data is taken from Total Oil's 2013 accounts. dit Creditors Debtors Long-term Inventories Cost of (accounts loans ($m) Capital es (5m) (accounts ($m) Credit sales (5m) payable) receivable) employed purchases (Sm) (5m) ($m) (author's estimate) (5m) 7969 30282 23422 34 574 22 097 160849 177 555 160 000 marks, 52 minutes (plus research time) ing the data in the table, calculate the following ratios for Total Oil in 2013: debtor days c. inventory/stock turnover creditor days d. gearing

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 Finance Questions!