FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:C
D
E
F
G
H
K
2016
2017
2019
1,000 £
12 | £
83.33 days
2018
1,100 £
Inventory
Cost of goods sold / 365
£
1,200
£
950
10 | £
100.00 days
£
11 £
13
120.00 days
73.08 days
Transcribed Image Text:QUESTIONS:
1. What this ratio tells us about?
| 2. Do you like the situation in this company?
3. What are your recommendationd to improve the situation?
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