Based on the following income statement and balance sheets for the Samsul's Appliance Shop, calculate the following
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Question:
Based on the following income statement and balance sheets for the Samsul's Appliance Shop, calculate the following ratios and provide your analysis and opinion on the company financial performance.
Ratios:
a) Current ratio
b) Quick ratio
c) Debt ratio
d) Average inventory turnover ratio
e) Receivables turnover ratio
f) Average collection period ratio
g) Payables turnover
h) Average payable period
i) Total assets turnover ratio
j) Net profit on sales ratio
Provide their analysis and opinion by comparing the above ratios analysis results with the industry standard.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, ? Joel F. Houston
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