Willow Ltd Has Issued Ordinary Shares Only

Short Answer

Willow Ltd has issued ordinary shares only. The company has been successful and has a gross profit rate of 20%. The information shown below was taken from the company's financial statements.
Compute the following:
(a) Receivables turnover and the average number of days required to collect the accounts receivable.
(b) The inventory turnover and the average days in inventory.
(c) Return on ordinary shareholders' equity.