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Question 3 0.3 pts Gearing ratios: consider the extent to which the business is financed by external sources and provide a measure of risk are
Question 3 0.3 pts Gearing ratios: consider the extent to which the business is financed by external sources and provide a measure of risk are a measure of success in wealth creation O measure how effectively the business is in using its assets o consider the ability of the business to meet it short term financial obligations Question 4 0.3 pts If the beginning balance of inventory = $14,000, and the ending balance = $34,000, credit sales for the period = $400,000, and cost of sales = $430,000, the inventory turnover in days (rounded to the nearest whole number) is: O 24 days O 20 days O 23 days O 26 days
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