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give explenation of your answer please A financial analyst is evaluating the efficiency of a company using multiple ratios. She has gathered the following information
give explenation of your answer please
A financial analyst is evaluating the efficiency of a company using multiple ratios. She has gathered the following information about the company. Balance Sheet Assets Cash Accounts receivable Marketable securities Inventory Property, plant, and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Long-term debt Common stock Retained earnings Total liabilities and stockholders' equity $ 100 750 300 850 900 (150) $2,750 $300 130 700 1,000 620 $2,750 Income Statement Sales Cost of goods sold Gross profit General and administration expense Operating profit Interest expense Taxes Net income $1,500 1,100 400 150 250 25 75 $150 What is the inventory turnover ratio, receivables turnover ratio, and receivables collection period, respectively? 0.57,0.68, and 537 1.76, 1.47, and 248 1.29, 2.0, and 183 0.77, 0.5, and 730Step by Step Solution
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