4- Suppose that you are an auditor of a company. You have the following information: - Accounts receivable turnover rate is 5 (at the end of the year). - Inventory turnover rate is 2 (at the end of the year). - Accounts payable turnover rate is 1 (at the end of the year). - Beginning balance of inventory is 120.000 TL. - Beginning and ending balances of accounts payables are 420.000 TL and 300.000 TL, respectively. - The acid-test ratio at the beginning of the year was 50%. - All sales are on credit. - Beginning and ending balances of cash and cash equivalents are 100.000 TL and 80.000 TL, respectively. You do not understand the relevance of cash and cash equivalents in this case and ask your senior about it. Your senior tells you that the "cash turnover rate" at the end of the year is 4 and it is defined as "net sales / cash and cash equivalents". Your senior also warns you not to forget to take the averages in the denominators when applying the appropriate formulas. Using the above mation, you find the non-cash working capital of the company at the end of the year as... O a.-20.000 TL O b.-22.000 TL O c. -24.000 TL O d. -26.000 TL https:/. Attene od... 29.04.2023 21:03 Question 5 Not yet answered Marked out of 1.00 aw 47x00 177 SAN $17-LRM 5- Refer to Question 4 above. What cannot be said about the liquidity of the company during the year? O a. The company has improved its acid-test ratio. O b. The company has improved its current ratio. O c. The company has improved its cash ratio. O d. The company's non-cash working capital has approached to its net working capital.

4- Suppose that you are an auditor of a company, You hwe the following irformasion - Accounts receivable turnover rate is 5 iat the end of the yeal. - Inventory tumover mate is 2 tat the end of the veat. - Acoounts plyable turnover rate is 1 at the end of the ineas - Asginaing.bulance of imertary is 120000nL - Begiming and ending balances of accounts payables ane 420000T and 300000TL, respectively. - The acid-tedt rato atthe beqinniog. af the yat was 50k - Alil sales are on credit. - Begining and ending balances of caich and cahh equivents aee 100.000th and 30000TL, mpectively. You do not understand the relevance of cash and cash equivalents in this case and ask your smior about it Your senior tells you that the "cash turnover rate' at the end of the vear is 4 and it in defined at 'net sales / cach and cach equalents". Your senior also wams you not to forget to take the werages in the denominators when applying the approgriate formala. Using the above informution you find the nonscatbunakiog congal of the comguny at the end of the year as. a.20000HLb.22000c.24000HLd.26000HL 5- Refer to Quertion 4 above. What cannot be sid about the lioulfitgr of the compley duing seywa? a. The company has improved its acdethe tato. b. The compainy has impeoved its current eatio c. The company has improved its cash ratio. d. The companys non-cah working capital has approached to its net woking capite