Accounts receivable Net fixed assets Total assets Data Collected (in dollars) Like Games 2,700 55,000 95,000 Our Play Industry Average 3,900 80,000 125,000 3,850 216,750 234,600 Using this information, complete the following statements to include in your analysis. 2. Our Play's fixed assets turnover ratio is acquisition cost of its fixed assets is 1. A days of sales outstanding represents an efficient credit and collection policy. Between the two companies, cash from its customers faster than is collecting but both companies are collecting their receivables less quickly than the industry average. than that of Like Games. This could be because Our Play is a relatively new company, so the than the recorded cost of Like Games's net fixed assets. which is than the industry's average total assets turnover ratio. In general, a 1 3. Like Games's total assets turnover ratio is higher total assets turnover ratio indicates greater efficiency.

Using this information, complete the following statements to include in your analysis. 1. A days of sales outstanding represents an efficient credit and collection policy. Between the two companies; is collecting cush from its customers faster than , but both companies are collecting their receivables less quickly than the industry average. 2. Our Play's fixed assets turnover ratio is than that of Like Games. This could be because Our Play is a relatively new company, so the acquisition cost of its foxed assets is than the recorded cont of Like Games's net fixed assets. 3. Like Games's total assets tumover ratio is , which is than the industry's average total assets turnover ratio. In general, a higher total assets turnover ratio indicates greater efficiency. Using this information, complete the following statements to include in your analysis. 1. A days of sales outstanding represents an efficient credit and collection policy. Between the two companies; is collecting cush from its customers faster than , but both companies are collecting their receivables less quickly than the industry average. 2. Our Play's fixed assets turnover ratio is than that of Like Games. This could be because Our Play is a relatively new company, so the acquisition cost of its foxed assets is than the recorded cont of Like Games's net fixed assets. 3. Like Games's total assets tumover ratio is , which is than the industry's average total assets turnover ratio. In general, a higher total assets turnover ratio indicates greater efficiency