Selected information from the comparative financial statements of Dryman Ltd for the year ended 31 December appears below:
Required: Answer the following questions relating to the year ended 31 December 2020. Show computations.
1. Inventory turnover for 2020 is __________.
2. The number of times interest earned ratio in 2020 is __________.
3. The debt to total assets ratio for 2020 is __________.
4. Receivables turnover for 2020 is __________.
5. Return on assets for 2020 is __________.
6. The cash return on sales ratio for 2020 is __________.
7. Current cash debt coverage for 2020 is __________.
Correct Answer:
Verified
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