Question
(in millions) Switch Sales $129,925 Cost of goods sold 69,751 Accounts receivable (average) 14,798 Inventory (average) 6,420 Property, plant, and equipment (average) 185,785 Compute the
(in millions) Switch
Sales $129,925
Cost of goods sold 69,751
Accounts receivable (average) 14,798
Inventory (average) 6,420
Property, plant, and equipment (average) 185,785
Compute the following for Switch Company:
1. Accounts receivable efficiency
2. Average collection period
3. Inventory efficiency
4. Number of days sales in inventory
5. Fixed asset turnover
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Management Accounting
Authors: Greg Shields
1st Edition
1647484286, 978-1647484286
