ESTLE. THANK YOU tio Analysis Efficiency Asset turnover Inventory turnover Receivables turnover Summary of Financial Ratios of Nestle 2020 2019 0.68 4.254 7.849 0.724 4.993 7.867 Industry Average 449 days 68 days 34 days
ESTLE. THANK YOU tio Analysis Efficiency Asset turnover Inventory turnover Receivables turnover Summary of Financial Ratios of Nestle 2020 2019 0.68 4.254 7.849 0.724 4.993 7.867 Industry Average 449 days 68 days 34 days
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7DQ: From the Google Finance site, use the DuPont analysis to determine the total assets turnover ratio...
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Question
![GIVE THE FORMULAS FOR THE FOLLOWING EFFICIENCY RATIOS OF
NESTLE. THANK YOU
Ratio Analysis
Efficiency
Asset turnover
Inventory turnover
Receivables turnover
Summary of Financial Ratios of Nestle
2020
2019
Average collection period (days)
0.68
4.254
7.849
46.519
0.724
4.993
7.867
46.323
Industry Average
449 days
68 days
34 days](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd7186c22-1d5f-4562-800f-1053c3778616%2F9840771b-e102-4f6d-8d87-2d975e70a473%2Foa21wj_processed.png&w=3840&q=75)
Transcribed Image Text:GIVE THE FORMULAS FOR THE FOLLOWING EFFICIENCY RATIOS OF
NESTLE. THANK YOU
Ratio Analysis
Efficiency
Asset turnover
Inventory turnover
Receivables turnover
Summary of Financial Ratios of Nestle
2020
2019
Average collection period (days)
0.68
4.254
7.849
46.519
0.724
4.993
7.867
46.323
Industry Average
449 days
68 days
34 days
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