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Interpret your findings (Explain Efficiency Ratios) Account Receivable Turnover Ratio=Net Sales /Average Accounts Receivable=19K/105K=0.18 Asset Turnover Ratio=Net Sales/ Average Total Assets=19K/446K=0.04 Inventory Turnover Ratio= Cost

Interpret your findings (Explain Efficiency Ratios)

Account Receivable Turnover Ratio=Net Sales /Average Accounts Receivable=19K/105K=0.18 Asset Turnover Ratio=Net Sales/ Average Total Assets=19K/446K=0.04 Inventory Turnover Ratio= Cost of Goods Sold (COGS)/ Average Total Inventory=380K/140K=2.71 Days' Sales in Inventory = Ending Inventory/ Cost of Goods Sold (COGS)=45K/380K=0.11

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