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Provide the requested analysis for Doyle Ltd. based on the information provided. Be sure to number your responses so it is clear which question you

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Provide the requested analysis for Doyle Ltd. based on the information provided. Be sure to number your responses so it is clear which question you are answering (1,2, or 3). You must write your answers in the space provided below. Industry average ratios are: days in inventory 70 days, days in receivables 10 days, and return on assets 19.2%. 1. Is Doyle effective at managing its inventory? Why or why not? You must use a ratio to support your answer. 2. Is Doyle effective at managing its accounts receivable? Why or why not? You must use a ratio to support your answer. 3. Is Doyle using its assets efficiently? Why or why not? You must use a ratio to support your answer. Provide the requested analysis for Doyle Ltd. based on the information provided. Be sure to number your responses so it is clear which question you are answering (1,2, or 3). You must write your answers in the space provided below. Industry average ratios are: days in inventory 70 days, days in receivables 10 days, and return on assets 19.2%. 1. Is Doyle effective at managing its inventory? Why or why not? You must use a ratio to support your answer. 2. Is Doyle effective at managing its accounts receivable? Why or why not? You must use a ratio to support your answer. 3. Is Doyle using its assets efficiently? Why or why not? You must use a ratio to support your

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