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based on the calculation please comment on th performance of the company with particular reference and by considering yourself a financial analyst you are required

based on the calculation please comment on th performance of the company with particular reference and by considering yourself a financial analyst you are required to provide advice on what you think should be done in order to improve the performance of company?

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3. Asset Utilization Ratios: Asset Utilisation formula 2021 2020 Ratios Net asset sale / capital 144,328/ 98, 135 118,657/ 124,283 turnover ratio employed = 1.47 times = 0.95 times Debtors' turnover |debtors / sales x 36,124/ 144,328 29,143/ 118,657 ratio 365 x 365= 91.35 x 365 = 89.64 days days

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