2016201720182019700 | £1. What this ratio tells us about?Number of days ofpayables (purch.)Accounts payable695690 |£685Purchase on credit /36510112. Do you like the situation in this company?87.50 days77.22 days69.00 days62.27 days3. What are your recommendationd to improve the situation?

The question is related to creitors payment period. The details are given for 2016 to 2019.

2016 2017 2018 2019 Accounts payable 1. What this ratio tells us about? dumber of days of payables (purch.) 700 695E 690 685 Purchase on credit/ 365 10 E 11 2. Do you like the situation in this company? 87.50 days 77.22 days 69.00 days 62.27 days 3. What are your recommendationd to improve the situation?

2016 2017 2018 2019 Accounts payable 1. What this ratio tells us about? dumber of days of payables (purch.) 700 695E 690 685 Purchase on credit/ 365 10 E 11 2. Do you like the situation in this company? 87.50 days 77.22 days 69.00 days 62.27 days 3. What are your recommendationd to improve the situation?

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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Help me with question b) only: Ratio calculations are: Anne's business for October 2021 Net profit Margin = net profit/sales = (210)/5600 = - 3.75% Gross profit margin = gross profit/sales = 770/5600 = 13.75% Current ratio= current assets/current liability= 15,840/5,150= 3.08 Acid test ratio = (cash+ accounts receivable) / current liability = (7,340+8030+150)/5,150 = 3.02 Accounts receivable collection period = Receivables / Average daily credit sales = 150/ (5600/360 days) = 9.64 days or 10 days Accounts payable payment period = Accounts Payable / Average daily purchases = (5,150/ (5,150/360 days) = 360 days
What should be the formula in Accounts Receivable Turnover? 1 2 Sales 3 Cost of Goods Sold 4 EBIT 5 Cash 6 Accounts Receivable 7 Inventory 8 Net Fixed Assets 9 Accounts Receivable Turnover =B5/B2 =B6/B3 None of the above =B2/B6 =B6/B2 2017 4,500,000 2,875,000 962,500 48,250 492,150 513,750 1,148,360
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Please interpret the numbers and compare the number, no required to explain the theory. Also answer if the business is a going concern? CKM RATIOS: 2016 2017 2018 2019 2020 2021 Current ratio 0.66 0.58 0.96 0.92 1.06 0.83 Quick ratio 0.43 0.37 0.58 0.53 0.49 0.57 Operating cash flow ratio 0.10 0.01 0.01 0.00 0.02 0.07 PWC RATIOS: 2016 $000 2017 $000 2018 $000 2019 $000 2020 $000 2021 $000 Current ratio 2.37 2.23 2.07 1.89 2.74 2.16 Quick ratio 0.93 0.95 0.81 0.80 1.36 1.01 Operating cash flow ratio 1.02 0.72 0.96 0.47 0.32 0.52
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Find the ROE for Potbelly Corp for the year 2015. Use the highlighted excel information. Please explain steps used, thanks!
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Q4