es og and Study Tools 1 Options e Success Tips r Success Tips ED FOR YOU dy Tools for Introductory Finance eedback Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total current assets of $79,000, and total current liabilities of $27,650. The company reported annual sales of $200,000 in the most recent annual report. Over the past year, how often did Walker Telecommunications sell and replace its inventory? O 8.44x 9.28x 2.86x 8.01x The inventory turnover ratio across companies in the telecommunications industry is 9.284x. Based on this information, which of the following statements is true for Walker Telecommunications? O Walker Telecommunications is holding less inventory per dollar of sales compared with the industry average. O Walker Telecommunications is holding more inventory per dollar of sales compared with the industry average. You are analyzing two companies that manufacture electronic toys-Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $200,000 each. You've collected company data to compare Like Games and Our Play. Last year, the average sales for competitors was $510,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. industry You've collected data from the companies' financial statements. This information is listed as follows: (Note: Assume there are 365 days in a year.) 116 A- o NE banga

repart. QNer the funt year, Kew ofen did Wepher felecomenunicatoons tell and replace its ifvertory? 2sin f.0in stat encoce is srue for Whihre Telectommuncationes? 2. 2.45 atisis Yoy are analycing bwo componiet that manufacture electronic teyt-Lico Games Inc, and Our Piay lne. Lave (Games was taunched eight years ago whereas Gur Mary is a relatively new cocppany that hat been in opention for only the past feo years. Howevbe both eomparies have an iqual market Ahare with cales of 1200,600 esch. You ve collected cempary data to compare Like Games and Our May. Last year, the avtrage saies for all industry cernpetitern was 1510,000, As an acalyst, you wast to make comments on the expected performance of these two comparist in the coming Yeac You've collected data from the companies' Fenanclal statements, This mormation is listed an foilowst (Note: Assumn there are 36 s doys in a Yeac) 1. Gur May has doys of soles fied up in recenabin, which is much than the indeviry ayerege. It takes Gur Mar time to cibect cab fram its culomers than it takes Uke Garnes. 2. Wee fitmeshy fixed asects timaver inats is than that of Gur MaycTha is becauis Wke cibmet was formed eight your apa, so the amesnt for its fixed aserth- 1. The brerager total aspets turthoner in the e icctreris toys industry is 1. whith means that of saies is beieng genersted with every dotar ofirvestment in assets. A rates art then the industry arerage repart. QNer the funt year, Kew ofen did Wepher felecomenunicatoons tell and replace its ifvertory? 2sin f.0in stat encoce is srue for Whihre Telectommuncationes? 2. 2.45 atisis Yoy are analycing bwo componiet that manufacture electronic teyt-Lico Games Inc, and Our Piay lne. Lave (Games was taunched eight years ago whereas Gur Mary is a relatively new cocppany that hat been in opention for only the past feo years. Howevbe both eomparies have an iqual market Ahare with cales of 1200,600 esch. You ve collected cempary data to compare Like Games and Our May. Last year, the avtrage saies for all industry cernpetitern was 1510,000, As an acalyst, you wast to make comments on the expected performance of these two comparist in the coming Yeac You've collected data from the companies' Fenanclal statements, This mormation is listed an foilowst (Note: Assumn there are 36 s doys in a Yeac) 1. Gur May has doys of soles fied up in recenabin, which is much than the indeviry ayerege. It takes Gur Mar time to cibect cab fram its culomers than it takes Uke Garnes. 2. Wee fitmeshy fixed asects timaver inats is than that of Gur MaycTha is becauis Wke cibmet was formed eight your apa, so the amesnt for its fixed aserth- 1. The brerager total aspets turthoner in the e icctreris toys industry is 1. whith means that of saies is beieng genersted with every dotar ofirvestment in assets. A rates art then the industry arerage