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$H20$

E

F

G

$$

H

J

$1$

K

L

M

N

$32$

$33$

$34$

$35$

$36$

$37$

$38$

Requirement $1b-$ Financial Statement Analysis

i$)$ Management has a policy of collecting accounts receivable within $60$ days. How does the average collection period compare to these terms?

To find this average collection period is divided by the credit sald $5?$nd then, multiplied by $365.$

ii$)$ Has the accounts receivable turnover ratio improved or worsened from $2022$ to $2023?$

iii$)$ What has happened to the average collection period from $2022$ to $2023?$

$\backslash$table$[[$Worsened$],[$Worsened$]]$

quick ratio of $1\mathrm{.}5.$ Is the company meeting this obligation?

Yes, liquidity ratio got improved so$,$ company is also meeting this obligations.