Question: A firm is having difficulty controlling its operating expenses. Which one of the following ratio categories will most directly reflect this problem? Group of answer
A firm is having difficulty controlling its operating expenses. Which one of the following ratio categories will most directly reflect this problem? Group of answer choices liquidity profitability market value turnover long-term solvency Flag question: Question 10 Question 10 1 pts Golf, Inc., and Swing, Inc., are close competitors. Last year, both had the same amount of cost of goods sold, but Golf turned its inventory 5 times during the year while Swing turned its inventory every 65 days. Which one of the following statements is true if the objective of both firms is to keep average inventory as low as possible? Group of answer choices Golf did a better job since its inventory turnover is lower. Swing did a better job since its days' sales in inventory is lower. Golf did a better job since its days' sales in inventory is lower. Swing did a better job since its inventory turnover is lower. Golf did a better job since its level of inventory is lower. Flag question: Question 11 Question 11 1 pts CatchaTan Co. had net sales of $750,000 over the past year. During that time, average receivables were $150,000. Assuming a 365-day year, what was the average collection period? Group of answer choices 4 days 5 days 36 days 48 days
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