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  3. indicate whether the ratios below are favorable or

Indicate whether the ratios below are favorable or unfavorable in comparison to the Industry Average...

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Accounting

  1. Indicate whether the ratios below are favorable or unfavorable in comparison to the Industry Average and explain what you understand from the trend. (4 marks)
  2. Recommend what the company should do to improve its ratios (1.5 marks)

2015

2016

Industry Average

Days sales in inventory

40

50

45

Days sales in receivable

  1. days

70 days

60 days

Answer & Explanation Solved by verified expert
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