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Lind is a chess enthusiast and CEO of ChessPerfect, a company which Lind* g chess enthusiast and CEO of Chessperfect. a com n;ning an recent

image text in transcribed Lind is a chess enthusiast and CEO of ChessPerfect, a company which

Lind* g chess enthusiast and CEO of Chessperfect. a com n;ning an recent management meeting, Linda anci his manageme nt team financial results of the company Chess profitability profit margin (%) Return on total assets (%) Return cn equity Capital structure Non-current to current assets Debt ratio (%) Interest earned (times) Efficiency Inventory turnover (times) Average collection period (days) Non-current asset turnover (times) Liquidity Current ratio (times) Quick ratio (times) Hereare the scripts from the management meeting: 8. 8 44 24 3 44 24 12 31 1.4 Concerns were raised by the factory's Production Manager, who is known for his practical approach. "This ratio business doesn't appeal to me at all. You can never be sure that the figures consistently on the same basis. I prefer looking at the absolute amount, which'S much more useful, in my opinion." Linda

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