Consider the image below. Calculate the inventories turnover at 2004.Working capital for Moretti Spa over the last 5 years (at 31 December) was as follows:(in €m)20012002200320042005Inventories of finished goods6.17.49.11315.4Trade and notes receivable6.48.910.511.111.6Trade and notes payable2.13-53.53.83-4The income statement includes the following data:(in €m)20012002200320042005Sales (excl. VAT)Sales (incl. VAT)Purchases (incl. VAT)32.838.948.944-752.649-458.119.65057-457.212.519.220.920.4

Ratio analysis is the most common technique that is used by the analyst in order to gain insight…

Consider the image below. Calculate the inventories turnover at 2004. Working capital for Moretti Spa over the last 5 years (at 31 December) was as follows: (in €m) 2001 2002 2003 2004 2005 Inventories of finished goods Trade and notes receivable Trade and notes payable 6.1 9.1 7.4 8.9 13 15.4 11.6 6.4 10.5 11.1 2.1 3.5 3-5 3.8 3.4 The income statement includes the following data: (in €m) 2001 2002 2003 2004 2005 Sales (excl. VAT) Sales (incl. VAT) Purchases (incl. VAT) 32.8 38.9 44-7 48.9 49-4 58.1 19.6 50 52.6 57-4 57.2 12.5 19.2 20.9 20.4

Consider the image below. Calculate the inventories turnover at 2004. Working capital for Moretti Spa over the last 5 years (at 31 December) was as follows: (in €m) 2001 2002 2003 2004 2005 Inventories of finished goods Trade and notes receivable Trade and notes payable 6.1 9.1 7.4 8.9 13 15.4 11.6 6.4 10.5 11.1 2.1 3.5 3-5 3.8 3.4 The income statement includes the following data: (in €m) 2001 2002 2003 2004 2005 Sales (excl. VAT) Sales (incl. VAT) Purchases (incl. VAT) 32.8 38.9 44-7 48.9 49-4 58.1 19.6 50 52.6 57-4 57.2 12.5 19.2 20.9 20.4

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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