Question
Financial ratio data is listed below for Gallery of Dreams. Analyzing these ratios (15marks) and comment on overall efficiency of the company (5 marks) ratio
Financial ratio data is listed below for Gallery of Dreams. Analyzing these ratios (15marks) and comment on overall efficiency of the company (5 marks)
| ratio | industry | 2018 | 2017 | 2016 |
| current | 2,5 | 4.48 | 4.06 | 3.48 |
| inventory turnover | 2,3 | 1.19 | 2.24 | 1.37 |
| return on equity | 11.35% | 24.14% | 27.51% | 19.88% |
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Auditing The Food And Beverage Operation An Operational Audit Approach Volume 1
Authors: Hans L. Steiniger Certified Public Accountant Certified Internal Auditor
1st Edition
1424167698, 978-1424167692
