Asset Activity Ratios in Excel
Use the attached annual information to answer the following questions and Calculate the following asset activity ratios for the end of 2005:
Average Collection Period
Inventory Turnover
Total Asset Turnover
Please show all work, including formulae and calculations used to arrive at financial values.
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Solution Summary
Excel spreadsheet to find the average collection, inventory turnover and total asset turnover from a company's annual information.
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