Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Complete the following table for the requested ratios. 2015 $'000 1,600 4,000 5,600 240 3,800 2016 $'000 1,800 4,500 6,300 290 2014 $'000 1,500 3,500

image text in transcribed
image text in transcribed
Complete the following table for the requested ratios. 2015 $'000 1,600 4,000 5,600 240 3,800 2016 $'000 1,800 4,500 6,300 290 2014 $'000 1,500 3,500 5,000 210 3,000 1,000 3,000 4,000 350 320 4,200 111 Cash sales Credit sales Total sales revenue Average accounts receivable Cost of sales Cash inventory purchases Credit inventory purchases Total inventory purchases Average accounts payable Average inventory held Average total assets less current liabilities Average number of employees Inventory turnover period (# of days) 2017 $'000 2,200 6,000 8,200 400 5,030 1,400 5,160 6,560 1,100 4,050 1,200 3,840 5,040 390 450 3,380 4,480 400 340 4,400 121 365 4,700 125 447 6,000 133 Debtors average settlement (# of days) Creditors average settlement (# of days) Sales revenue to capital employed (times) Sales revenue per employee allowing results

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

Software Quality Assurance Internal Audit And IT Audit Integrated Testing Security And Audit

Authors: Abu Sayed Mahfuz

1st Edition

0367567970, 978-0367567972

More Books

Students also viewed these Accounting questions

Question

b. Where did they come from?

Answered: 1 week ago

Question

c. What were the reasons for their move? Did they come voluntarily?

Answered: 1 week ago

Question

5. How do economic situations affect intergroup relations?

Answered: 1 week ago