Gross income$47,595,000 Total sales 45,866,000 Total credit sales 27,585,000 Net income 5,609,000 Cost of goods sold 23,760,000 Total assets 13,647,000 Average inventory 6,136,000 Average receivables 4,457,000

a. Compute the receivables turnover ratio. 

b. Compute the inventory turnover ratio.

c. Compute the asset turnover ratio. 

d. Compute the days of supply. 

e. Compute the weeks of supply. 

f. Compute the profit margin 

Answer rating: 100% (QA)

SOLUTION a Receivables turnover ratio Total sales Average receivables 45866000 4457000 103 b Invento... View the full answer