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Table 3 Almarai Dairy Products December 31 2014 Accounts Receivable Inventories Total Current Assets Gross Fixed Assets Less: Accumulated Depreciation Net Fixed Assets Total Assets

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Table 3 Almarai Dairy Products December 31 2014 Accounts Receivable Inventories Total Current Assets Gross Fixed Assets Less: Accumulated Depreciation Net Fixed Assets Total Assets Accounts Payable $9.000 Total Current Liabilities S15675 Total Liabilities $19.800 Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders Equity Question 1 Students are required to compute the following ratios: (4pts) (a) Inventory turnover in 2014. (b) Days' sales in account receivable or average collection period in 2014 (c) Compare the computed ratios in (a) and (b) with the industry average. What can you conclude about the financial performance of Almarai Dairy Product? Question 2 Students are required to compute the following ratios: (4pts) (a) Return on total assets in 2014 (b) Return on equity in 2014 Compare the computed ratios in (a) and (b) with the industry average. What can you conclude about the financial performance of Almarai Dairy Product

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