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F3221 (2) Financial Ma... Overview Plans Resources Status and follow-up Partic Question 2 In the table below is data for two companies in a competitive
F3221 (2) Financial Ma... Overview Plans Resources Status and follow-up Partic Question 2 In the table below is data for two companies in a competitive industry. ($000) Company A Company B Revenues(sales) 132470 93440 43645 49828 Cost of Goods Sold 7358 8714 Average inventory 5551 7318 Average receivable 7054 8663 Average payable Calculate the turnover ratios and evaluate the relative performance (operating efficiency) of both companies. Your answer: BE x x PPT C Size BI U Font
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