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Drop down options: 1. (9.86, 14.24) (lower, greater) (more, less) 2. (higher, lower) (higher, lower) 3. (37.85x, 1.09x, 2.86x, 8.01x) ($2.86, $8.01, $37.85, $1.09) (lower,

Drop down options:
1. (9.86, 14.24) (lower, greater) (more, less)
2. (higher, lower) (higher, lower)
3. (37.85x, 1.09x, 2.86x, 8.01x) ($2.86, $8.01, $37.85, $1.09) (lower, higher) (lower, higher) image text in transcribed
3. Asset management ratios Asset managements are wed to measure how efectively air manages its ass, by the mountains in a particular type of asset (or group of assets to the amount of revenues the generating complement there collection periodo called the days are outstanding at the inventory turnover the these tere the total surver Consider the following case: Monroe Manufacturing has a buick ratio of 2.001.64.875 in cash. 519.375 recommencent assets of $77.500, and total current of $27.125. The company real sales of $800. report Over the past year, how often die Monroe Manufacturing sell and replaces inventory? 2.368 O 3.01% O 37.85 O 34.41 The inventory turnover ratio across companies in the manufacturing industry is 37.51 Base the towing statemente is true for Monroe Manufacturing Monroe Manufacturing is holding more inventory per dollar of sales compared with the industry average Monroe Manufacturing is holding less inventory per dollar of sales compared with the industry average You are analyzing two companies that manufacture electronic toys-Lake Games Inc. and Our Face Games was launched eight years ago whereas Our Play is a relatively new company that has been in operation for only the past two years. Howeve both companies have an almart share with sales of $300,000 each. You've collected company date to compare Le comes and everage sales for all industry competitors was $2,000,000. As an analyst you want to make comments on the expected performance of these two comes in the coming year You've collected data from the companies francial statements. This formed as follows: (Note: Resume there was a year) Data Collected (in dollars) Like Games Our Play Industry Average Accounts receivable 21.600 31,200 30.800 540,000 1,734,000 750.000 1.000.000 1.876,800 using this information, complete the following statements to include in your an 1. Our Pay has days of sales tied up in a which is much time to catch from customers than the Games 2. Gamed assets turnover than that of our play. This is because we are the acquisition cost of its find assets is record on values when the company boughts and has been deprecated since then Assuming that asset prices (no book are over the years due to Our mount for the 3. The average totale turnover in the electronic toys industry every dollar of investment ist. A totalsts turnovermaticates greater en come total assets tumover ratios are than the industry average

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