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 Average collection period (days) 0.68 4.254 7.849 46.519 2019 0.724 4.993 7.867 46.323 Industry Average 449 days 68 days 34 days

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
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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