Question
Which of the following formula does not reflect the firm's efficiency management? 1) (Accounts Payables) / (Annual Purchases / 365) 2) 365 / (Inventory Turnover)
Which of the following formula doesnotreflect the firm's efficiency management?
1)
(Accounts Payables) / (Annual Purchases / 365)
2)
365 / (Inventory Turnover)
3)
(Earnings available to common shareholders) / Assets
4)
(Accounts Receivables) / (Net Sales/ 365)
I chose 1 but I'm not sure with my ans
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Introduction To Management Accounting A User Perspective
Authors: Michael L Werner, Kumen H Jones
2nd Edition
0130327506, 9780130327505
