Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the process of your firsncial analyin, you find that a company's total equity was Re? 506000 and the total habilities were R2 992 o00.

image text in transcribed
In the process of your firsncial analyin, you find that a company's total equity was Re? 506000 and the total habilities were R2 992 o00. What is the debt ratio of the company? a. 52.54% b. 56,74% c. 58,54% d. 54.4036 East Ltd has annual trade receivables of R181 269 . At year end its annual sales were 82408330 What was its average coliection pesiod bared on a 365 -day year? a. 7,53 days, b. 3,64 days c. 27,47 dsys d. 11,96 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions