Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

are you interpret this report ? B C D E 1 2017 323,579 576,679 670,034 Ratio Analysis 2 Sales Revenue 3 Cost of Sales(-) 4.

image text in transcribed are you interpret this report ?
B C D E 1 2017 323,579 576,679 670,034 Ratio Analysis 2 Sales Revenue 3 Cost of Sales(-) 4. Current Asset 5 Current Liabilities 6 Cash 7 ST Inventory 8 Receivables 9 Trade Payable 10 11 Current Ratio 12 Acid Test Ratio 13 Cash Ratio 14 A/R Turnover 15 Day's Sales Outstanding 16 Inv.Turnover Ratio 17 Days Inv. On Hand 18 A/P Turnover 19 Days Payables Outstanding 20 21 22 23 24 2019 2018 10,211,013 9,554,441 9,254,125 8,920,093 1,589,116 1,617,539 1,495,037 1,484,031 665,391 648,010 263,309 348,309 566,282 440,048 578,783 559,653 2019 2018 1.06 1.09 1.00 0.97 45% 44% 20.29 18.79 18.0 19.4 30.3 31.2 12 12 16.4 15.6 22.2 23.4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditor Squad

Authors: IndigoPine Designs

1st Edition

B084Q9WM6S, 979-8609911131

More Books

Students also viewed these Accounting questions

Question

What is a service level agreement?

Answered: 1 week ago