Question: explain and interpret this asset management ratios. on the left is current year firgures on the right is previous year figures Assets Management Ratios Inventory

 explain and interpret this asset management ratios. on the left is

current year firgures on the right is previous year figures Assets Management

explain and interpret this asset management ratios. on the left is current year firgures on the right is previous year figures

Assets Management Ratios Inventory turnover = cost of goods sold inventory Days' sales in inventory 365 inventory turnover (157,431) 6433 = 24.4724 (143,434) 36900 = 3.8871 365 24.4724 = 14.9148 365 3.8871 = 93.9003 Account receivable turnover sales accounts receivable Total asset turnover sales total assets 1,106,632 250,103 = 4.4247 1.106,632 1,435,178 = 0.7711 1,185,737 254,954 = 4.6508 1,185,737 1,317,602 = 0.0845

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