Question
If the company reported sales of 2.500.800 USD over the same accounting period (i.e. 01.01.2019-31.12.2019); compute TAT (total asset turnover), Equity Multiplier and Receivables Turnover.
If the company reported sales of 2.500.800 USD over the same accounting period (i.e. 01.01.2019-31.12.2019); compute TAT (total asset turnover), Equity Multiplier and Receivables Turnover. Comment briefly what these three financial ratios indicate in terms of the performance of the company.
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
