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Provide the requested analysis for Jake Ltd. based on the information provided. Be sure to number your responses so it is clear which question you
Provide the requested analysis for Jake 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 45 days, days in receivables 18 days, and return on assets 4.2%. 1. Is Jake effective at managing its inventory? Why or why not? You must use a ratio to support your answer. 2. Is Jake effective at managing its accounts receivable? Why or why not? You must use a ratio to support your answer. 3. Is Jake using its assets efficiently? Why or why not? You must use a ratio to support your
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