1. What this ratio tells us about?2016201720182019Number of days ofpayables (purch.)Net operating cycleOperating cycle82.50 days66.95 days54.02 days47.23 days2. Do you like the situation in this company?3. What are your recommendationd to improve the situation?

ANSWER TO (1) Net operating cycle represents the time period during which company converts its…

Answered: 1. What this ratio tells us about? 2.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1. What this ratio tells us about? 2. Do you like the situation in this company? 3. What are your recommendationd to improve the situation?