Accounts receivable turnover-inventory turnover


Problem: Selected balances from a company's financial statements are shown below. Calculate the following ratios for 2012:

(a) accounts receivable turnover

(b) inventory turnover

(c) days' sales uncollected

(d) days' sales in inventory

(e) profit margin.

(f) return on total assets.

867_Company financial statements.jpg

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Accounting Basics: Accounts receivable turnover-inventory turnover
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