Question
Please complete the following tasks: 1. Complete each of the calculations listed below (A C). A. (Use Chart 1) You are an investor looking to
Please complete the following tasks:
1. Complete each of the calculations listed below (A C).
A. (Use Chart 1) You are an investor looking to contribute financially to either the ABC Group or the 123 Company. Based on the information provided:
Compute the accounts receivable turnover ratio.
Compute the number of days sales in receivables ratio for both ABC Group and 123 Company (round all answers to two decimal places).
Interpret the outcomes, stating which company you would invest in and why.
B. (Use Chart 2) Compute the inventory turnover ratio.
Interpret the outcomes
C. (Use Chart 2) Compute the number of days sales in inventory ratio.
Interpret the outcomes
2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A C).
3. Did you encounter issues completing any Unit 5 assignments? Please explain.
4. You are halfway through the course. What are your thoughts about the course and the material that has been covered at this point?
please do answers all these tasks given. Thank you so much. highly appreciated.
hart 1 ABC 123 Group Company Beginning accounts receivable; $75,000 $92,000 Ending accounts receivable $125,000 $123,000 Net credit sales $324,000 $401,000 Chart 2 Balance Income Balance Income Sheet Statement Sheet Statement Year 1 Year 1 Year Year Beginning Inventory $29,000 $10,826 $10,000 $7,435 Purchases Goods Available $39,000 $18,261 for Sale Ending $10,826 $5,980 Inventory Cost of $28,174 $12,281 Goods SoldStep by Step Solution
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