Abar's current ratio is 3.48 debt ratio is 1 time interest earned is 1.81 inventory turnover is
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Abar's current ratio is 3.48 debt ratio is 1 time interest earned is 1.81 inventory turnover is 1.50 asset turnover is 1.6 average collection period is 50.5 and net profit margin is 30%. as a loan officer of a bank, would you give Abar the loan? why or why not? what corrective actions would you recommend to management to restore viability, indeed, profitability of the company?
Related Book For
Introduction To Business Analytics
ISBN: 9781265454340
1st Edition
Authors: Vernon Richardson, Marcia Watson
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