Long description
The table has eight columns: ratio, formula, year 2015, year 2016, industry average 2016, cross-sectional evaluation in 2016, time series evaluation between 2015 and 2016, and overall evaluation. Row entries are as follows. Liquidity. Row 1: Current ratio; current assets over current liabilities; 1.23; 1.47; 1.32; O K; O K; O K. Row 2: Quick acid-test ratio; current assets minus inventory over current liabilities; 0.83; 1.09; 0.76; O K; O K; O K. Activity. Row 3: Inventory turnover; cost of goods sold over inventory; 19.9; 19.9; 11.1, O K; O K; O K. Row 4: Average collection period; accounts receivable over average sales per day; 5.2 days; 5.6 days; 7.5 days; O K; O K; O K. Row 5: Average payment period; accounts payable over ...
Get Principles of Managerial Finance, 15th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
