Question: financial accounting Write About Ex 4.21 Analyzing Asset Efficiency (AR and Inventory Turnover) E4.2 Analyzing Asset Management Effectiveness. Presented below are selected financial data from
Write About Ex 4.21 Analyzing Asset Efficiency (AR and Inventory Turnover) E4.2 Analyzing Asset Management Effectiveness. Presented below are selected financial data from the The Coca-Cola Company 2015 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following ratios: receivable turnover, receivable collection period, inventory turnover, and the inventory-on-hand period. Evaluate Coca-Cola's receivable and inventory asset management effectiveness. (amounts in millions) 2015 2014 Balance sheet 3,941 4,466 2,902 3,100 Income statement 7,889
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