Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

q1. explain and compare the two company ASSET UTILIZATION for three years Ratio 2016 2017 2018 5. ASSET UTILIZATION a. Cash Turnover 7.90 times 19.348

q1. explain and compare the two company ASSET UTILIZATION for three years

Ratio

2016

2017

2018

5.

ASSET UTILIZATION

a.

Cash Turnover

7.90 times

19.348 times

7.377 times

17.741 times

13.94 times

17.334 times

b.

Accounts Receivable Turnover

8.234 times

6.863 times

6.335 times

6.758 times

5.494 times

6.815 times

c.

Inventory Turnover

8.537 times

6.818 times

6.616 times

5.641 times

8.665 times

6.378 times

d.

Working Capital Turnover

3.667 times

4.914 times

3.003 times

5.381 times

3.823 times

6.156 times

e.

PPE Turnover

2.974 times

1.533 times

2.461 times

1.442 times

2.694 times

1.613 times

f.

Total Asset Turnover

1.422 times

0.877 times

1.176 times

0.858 times

1.308 times

0.978 times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational Finance

Authors: Kirt C. Butler

4th Edition

1405181184, 978-1405181181

More Books

Students also viewed these Finance questions