Question: 1) Using the following data below compute the required items (50 POINTS) GIVEN VALUES REQUIRED 1,25 45,6 days 0,4 6 100,000.00 2,5 Asset Turnover
1) Using the following data below compute the required items (50 POINTS) GIVEN VALUES REQUIRED 1,25 45,6 days 0,4 6 100,000.00 2,5 Asset Turnover Average Collection Period Gross Margin Finished Goods Inventory Turnover Finished Goods Inventory Working Capital Turnover Current Ratio Equity/Total Sources 0,25 COST OF SALES NET SALES TOTAL ASSETS TOTAL DEBT/EQUITY AVERAGE TRADE RECEIVABLES NET WORKING CAPITAL AVERAGE CURRENT ASSETS WORKING CAPITAL CYCLE
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Solution To compute the required items we need to use the given values and formulas 1 Compute the cost of sales Cost of Sales Total Assets 1 Gross Mar... View full answer
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