Question
Step 4: ANALYSIS Take a look at the resulting financial statements below and provide calculations for the following. Round to 2 decimal points: 4A) What
Step 4: ANALYSIS Take a look at the resulting financial statements below and provide calculations for the following. Round to 2 decimal points: 4A) What is your Fixed Asset Turnover Ratio? 4B) What is your Days to Collect Ratio? 4C) What is your Accounts Receivable Turnover Ratio? 4D) What is your Debt to Assets Ratio? 4E) What is your Times interest Earned? 4F) - What is the value of your Days to Collect ratio? What is this telling you about your company? If your Days to Collect ratio was lower, would this be good or bad? Why? 4G) - What is the value of your Fixed Asset Turnover ratio? What is this telling you about your company? If your Fixed Asset Turnover ratio was higher, would this be good or bad? Why? Days to Collects P/AUD Fixed Asset Turnover Ration 4H) Now consider the position of your company if cash was $65,000 (i.e. instead of the $50,000 amount currently presented on the balance 265.
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