Question: Moving to another question will save this response Question 3 Analyze the Ali footwear firm's current financial situation using trend analysis for all four questions,
Moving to another question will save this response Question 3 Analyze the Ali footwear firm's current financial situation using trend analysis for all four questions, 15 marks Below are the ratio of Excel firm in 2017 & 2018 2017 2018 4 3.9 Account receivable turnover Day's in Inventory 85days 92days A. Indicate whether both the above ratios are favorable or unfavorable in 2018 compared to 2017 and why? (4 marks) B. Explain what you understand from the trend of account receivable turnover ratio (4 marks) C. Write down two suggestions to other company in the industry to improve their account receivable turnover ratio (4 marks) D. Explain what you understand from the trend of Days sales in inventory ratio (2 marks) INT Ps
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