Question
According to information, please provide me with an explanation for this questions: Comment on Tasties current ratio in relation to the industry standard. Comment on
According to information, please provide me with an explanation for this questions:
Comment on Tasties current ratio in relation to the industry standard. Comment on Tasties current ratio over 2020 to 2022. Is it improving or worsening? What should be done about this?
My charge, cover ratio (2022) is 1.55.
Times interest earned (2022) = 8.57
Debt to total assets (2022) = 0.48
Quick ratio (2022) = 1.76
Current ratio (2022) = 2.17
Total asset turnover (2022) = 0.66
Accounts payable turnover (2022) = 13.88
Inventory turnover COGS (2022) = 17.56
Average collection period (2022) = 10.93
Receivable turnover (2022) = 33.39
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