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i need a-d answered please! Interpreting liquidity and activity ratios The table, shows key financial data for three firms that compete in the consumer products
i need a-d answered please!
Interpreting liquidity and activity ratios The table, shows key financial data for three firms that compete in the consumer products market Procter 3 Gambin Colgate-Palmolive, and Clorox a. Calculate each of the following ratios for all three companies current ratio, quick ratio, inventory turnower, average collection peniod, total asset turnover b. What company is in the position of having greatest liquidity? c. Would you say that the three companies exhibit simiar performance or quite different performance in terms of collecting receivables? Why do you think that might be? d. Which company has the most rapid inventory tumover? Which company appears to be least efficient in torms of total asset turnover? Ave your answers to those questions a littie supprising? If a company is best at imventory furnover and worst at total asset turnover, what do you think that means? a. For the three companies, the current ratios are (Round to three docimal places) Interpreting liquidity and activity ratios The table, shows key financial data for three firms that compete in the consumer products market Procter 3 Gambin Colgate-Palmolive, and Clorox a. Calculate each of the following ratios for all three companies current ratio, quick ratio, inventory turnower, average collection peniod, total asset turnover b. What company is in the position of having greatest liquidity? c. Would you say that the three companies exhibit simiar performance or quite different performance in terms of collecting receivables? Why do you think that might be? d. Which company has the most rapid inventory tumover? Which company appears to be least efficient in torms of total asset turnover? Ave your answers to those questions a littie supprising? If a company is best at imventory furnover and worst at total asset turnover, what do you think that means? a. For the three companies, the current ratios are (Round to three docimal places) Step by Step Solution
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