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I think it decreases, but need the reassurance. Question 9 1 pts Look at the activity ratios for this organization. What is the overall effect
I think it decreases, but need the reassurance.
Question 9 1 pts Look at the activity ratios for this organization. What is the overall effect on cash on the organization based on the trends? 12/31/2018 12/31/2017 Receivables to Sales 0.30 0.31 Average Collection Period in 110.88 112.64 Days Accounts Payable to 0.17 0.17 Purchases Accounts Payable Days 68.2 70.4 Inventory Turnover 3.26 3.23 Average Days in Inventory 110.02 115.15 Fixed Asset Turnover 1.2 1.2 These ratios are not related to cash flow. increases stays the same decreasesStep by Step Solution
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