Question
Below is selected information. Select from the drop downs to complete the sentences. Days' Sales Uncollected Company Current Year Prior Year ABC 28.5 26.7 XYZ
Below is selected information. Select from the drop downs to complete the sentences.
Days' Sales Uncollected
Company | Current Year | Prior Year |
ABC | 28.5 | 26.7 |
XYZ | 57.2 | 60.4 |
[ Select ] ["ABC", "XYZ"] has more success in collecting receivables.
[ Select ] ["ABC", "XYZ"] 's collection of receivables shows a favorable trend.
Accounts Receivable Turnover
Company | Current Year | Prior Year |
DEF | 13.2 | 13.6 |
TUV | 7.0 | 6.8 |
[ Select ] ["DEF", "TUV"] is better at converting its receivables into cash.
[ Select ] ["DEF", "TUV"] 's accounts receivable turnover shows an unfavorable trend.
Total Asset Turnover
Company | Current Year | Prior Year |
Kropp Inc. | 0.61 | 0.57 |
Salazar Corp. | 0.66 | 0.70 |
[ Select ] ["Kropp Inc.", "Salazar Corp."] employs its assets more efficiently for the current year.
[ Select ] ["Kropp Inc.", "Salazar Corp."] 's asset turnover shows an unfavorable
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