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What is the days of inventory in 20x2? (Use 365 days) 30.49 What is the return on assets in 20x2? 0.28 What is the days

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  • What is the days of inventory in 20x2? (Use 365 days) 30.49
  • What is the return on assets in 20x2? 0.28
  • What is the days of receivable in 20x2? (Use 365 days) 23.66

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You are an investor. You are deciding whether to invest in the shares of stocks of ABC Group. You have obtained the following financial information for your analysis: ABC Group Statement of financial position As of December 31, 20x2 amounts in Philippine Pesos) Notes 20x2 20x1 P 698,020 500,000 400,000 100,000 1,698,020 P 280,000 100,000 180,000 28,000 588,000 ASSETS Current assets Cash and cash equivalents Accounts receivable Inventories Other current assets Total current assets Non-current assets Investments in equity instruments Property, plant and equipment Other intangible assets Goodwill Total non-current assets Total assets 240,000 260,000 2,750,000 2,800,000 600,000 640,000 90,000 90,000 3,680,000 3,790,000 P5,378,020 P4,378,000 P 287,500 200.000 50,000 1,987,260 69,960 15,480 6,000 4,000 LIABILITIES AND EQUITY Current liabilities Trade and other payables Short-term borrowings Current tax payable Short-term provisions Current portion of long-term borrowings Total current liabilities Non-current liabilities Long-term borrowings Deferred tax Total non-current liabilities Total liabilities 40,000 453,460 40,000 2,246,740 120,000 70,000 190,000 643,460 160,000 50,000 210,000 2,456,740 16.1 Equity Share capital Retained earnings Other components of equity Non-controlling interests Total equity 3,500,000 947,800 119,800 4,567,600 166,960 4,734,560 1,000,000 725,160 94,800 1,819,960 101,300 1,921,260 Total liabilities and equity P5,378,020 P4, 378,000 Additional information: ABC Group has total sales of P5,787,648 in 20x2, 80% of which were on credit. ABC Group's cost of sales in 20x2 was 13,472,589. ABC Group's profit in 20x2 was 1,515,059. NOTE: Round-off answers to two decimal places

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