The following information for JG Ltd.is available to you: Required:
1.Calculate the inventory receivable turnover ratio
2.You determined that the industry average was 3.5 and that JG Ltd.had turnovers in previous years of 2.4,2.6,3.4,and 3.7.Based on this information can you make any conclusions?

Question

The following information for JG Ltd.is available to you:  Required:
1.Calculate the inventory receivable turnover ratio
2.You determined that the industry average was 3.5 and that JG Ltd.had turnovers in previous years of 2.4,2.6,3.4,and 3.7.Based on this information can you make any conclusions?

Quizplus · Accepted Answer

The Answer of The following information for JG Ltd.is available to you:  Required:
1.Calculate the inventory receivable turnover ratio
2.You determined that the industry average was 3.5 and that JG Ltd.had turnovers in previous years of 2.4,2.6,3.4,and 3.7.Based on this information can you make any conclusions?

The Following Information for JG Ltd