Which of the following ratios would best disclose effective management of working capital by a given firm
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Question:
Which of the following ratios would best disclose effective management of working capital by a given firm relative to other firms in the same industry?
a. a high rate of financial leverage relative to the industry average
b. a high number of days' sales uncollected relative to the industry average
c. a high turnover of net working capital relative to the industry average
d. a high number of days' sales in inventory relative to the industry average
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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