A financial analyst calculated the ratios for two companies and compared them with those of the...
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A financial analyst calculated the ratios for two companies and compared them with those of the peers as below; Ratio Open Group 2022 Net non-current operating assets turnover Accounts receivables 1.3 2021 1.4 Super Group 2022 2.4 2021 2.5 2.1 Other peers 2022 Accounts receivables Turnover 51.4 1.7 2.9 79.7 Inventories turnover Accounts payables Turnover Required Discuss how the financial analyst can use this information to ensure proper management of assets under the control of the two companies. (6 Marks) 3.2 140.7 1.7 2.7 4.2 132.0 4.7 2.7 69.6 7.4 9.2 A financial analyst calculated the ratios for two companies and compared them with those of the peers as below; Ratio Open Group 2022 Net non-current operating assets turnover Accounts receivables 1.3 2021 1.4 Super Group 2022 2.4 2021 2.5 2.1 Other peers 2022 Accounts receivables Turnover 51.4 1.7 2.9 79.7 Inventories turnover Accounts payables Turnover Required Discuss how the financial analyst can use this information to ensure proper management of assets under the control of the two companies. (6 Marks) 3.2 140.7 1.7 2.7 4.2 132.0 4.7 2.7 69.6 7.4 9.2
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The financial analyst can use the information to ensure proper management of assets by analyzing the ... View the full answer
Related Book For
Introductory Financial Accounting For Business
ISBN: 9781260575309
2nd Edition
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
Posted Date:
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