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    Calculate the following asset activity ratios

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    Use the annual information SEE ATTACHMENT to answer this assignment. Calculate the following asset activity ratios for the end of 2005:

    1. Average Collection Period
    2. Inventory Turnover
    3. Total Asset Turnover

    Please show all work, including formula and calculations used to arrive at financial values.

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    https://brainmass.com/business/business-management/calculate-the-following-asset-activity-ratios-122303

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    Here are your ratios:

    Average collection period:
    = 365 / Receivables Turnover
    = 365 / ...

    Solution Summary

    Average collection period:
    = 365 / Receivables Turnover

    $2.19

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