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$ 1,651,400 in inventories and other current assets, If a firm has a current ratio equal to and a quick ratio equal to 1.72 1.58
$ 1,651,400 in inventories and other current assets, If a firm has a current ratio equal to and a quick ratio equal to 1.72 1.58 what is the firm's NWC? Your answer: Font Size BIVA-A-2 E93X, @? In the table below is data for two companies in a competitive industry, (5000) Company A Company B Revenues(sales) 136488 149360 Cost of Goods Sold 43800 52376 Average inventory 7359 8735 Average receivable 5551 7318 Average payable 7054 8663 Calculate the turnover ratios and evaluate the relative performance (operating efficiency) of both companies. Your answer: Font Sce X, X- !!! 2 BIVA. AE ? 38 a a
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