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Selected Balances from a Company's Financial Statements Are Shown Below

Question 149

Essay

Selected balances from a company's financial statements are shown below.Calculate the following ratios for 2016:
(a)accounts receivable turnover
(b)inventory turnover
(c)days' sales uncollected
(d)days' sales in inventory
(d)profit margin
(e)return on total assets. Selected balances from a company's financial statements are shown below.Calculate the following ratios for 2016: (a)accounts receivable turnover (b)inventory turnover (c)days' sales uncollected (d)days' sales in inventory (d)profit margin (e)return on total assets.

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