Question: In the table below is data for two companies in a competitive industry. (5000) Company A Company B Revenues(sales) 126336 128960 Cost of Goods Sold
In the table below is data for two companies in a competitive industry. (5000) Company A Company B Revenues(sales) 126336 128960 Cost of Goods Sold 43409 51447 Average inventory 7356 8727 Average receivable 5551 7318 Average payable 7054 8663 Calculate the turnover ratios ard evaluate the relative performance operating efficiency) of both companies
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