Directions: Below is the summarized financial information of Redz Company. Compute the following. Writeyour answers on a separate sheet of paper.1.Average InventoryAverage ReceivableAverage PayableInventory Turnover RatioDays of InventoriesReceivables Turnover RatioDays of ReceivablePayables Turnover Ratio2.3.4.3.6.7857.8.9. Days of Payable10. Operating CycleBeginnine.Php 2.000,000.00Php 1,150.000.00Php 300.000,00Php 10,000,0000,00Php 6,5 00.000.00EndingPhp 3.100,000.00Php 2.000,000.00Php 18 00.000.00AccountsInventoryAccournts ReceivableAccouits PaynbleNet SalesCost of CGoods9 Sold

Name: Directions: Below is the summarized financial information of Redz Com
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Description: Directions: Below is the summarized financial information of Redz Company. Compute the following. Writeyour answers on a separate sheet of paper.1.Average InventoryAverage ReceivableAverage PayableInventory Turnover RatioDays of InventoriesReceivabl

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Business

Accounting

Directions: Below is the summarized financial information of Redz Company. Compute the following. Write your answers on a separate sheet of paper. 1. Average Inventory Average Receivable Average Payable 2. 3.

Directions: Below is the summarized financial information of Redz Company. Compute the following. Write your answers on a separate sheet of paper. 1. Average Inventory Average Receivable Average Payable 2. 3.

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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