The business type of this company is food services industry.Give me an interpretation for 1. Age of Inventory ratio = 1.00 2. Age of Recievable = 11.143. Age of Payable = 23.42Thankk you so much :) 4445Cost of Goods Sold6,628Finished Good Turnover5.3346Average FG Inventory1,24447Cost of Goods Manufactured48Work-in-Process Turnover4913930.38Average WIP Inventory3695.55051Cost of Materials Used6004Raw Material Turnover353.1852Average RM Inventory17.05354FG Turnover + WIP Turnover +Inventory Turnover5.33+0.38+353.18358.8855RM Turnover56360 days57360Age of Inventory1.0058Inventory Turnover358.885960360 days360Age of Recievable11.1461Recievables Turnover32.31

Name: The business type of this company is food services industry.Give me an
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Description: The business type of this company is food services industry.Give me an interpretation for 1. Age of Inventory ratio = 1.00 2. Age of Recievable = 11.143. Age of Payable = 23.42Thankk you so much :) 4445Cost of Goods Sold6,628Finished Good Turnover5

Lets understand the ratios. Age of inventory ratio indicates the days it takes to sell the…

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The business type of this company is food services industry. Give me an interpretation for 1. Age of Inventory ratio = 1.00 2. Age of Recievable = 11.14 3. Age of Payable = 23.42 Thankk you so much :)

The business type of this company is food services industry. Give me an interpretation for 1. Age of Inventory ratio = 1.00 2. Age of Recievable = 11.14 3. Age of Payable = 23.42 Thankk you so much :)

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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