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CT6.2 Nestl's financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. Instructions a. Based on the information
CT6.2 Nestl's financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. Instructions a. Based on the information contained in these financial statements, compute the following ratios for each company for the most recent year shown. 1. Inventory turnover. (Round to one decimal.) 2. Days in inventory. (Round to nearest day.) b. What conclusions concerning the management of the inventory can vou draw from these data? CT6.2 Nestl's financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C. Instructions a. Based on the information contained in these financial statements, compute the following ratios for each company for the most recent year shown. 1. Inventory turnover. (Round to one decimal.) 2. Days in inventory. (Round to nearest day.) b. What conclusions concerning the management of the inventory can vou draw from these data
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