Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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If now the question companies like Lazada, shopee, tik tok how answer?

The table below shows the ratios for three companies: airline,
discount clothing store, accounting firm.
COMPANY
1
2
3
Debt-equity
0.2
1.2
0.7
Inventory Turnover
12.0
0.3
Current Ratio
2.5
1.5
1.3
Sales/Total Assets
4.0
1.7
7.0
- Total Asset Turnover
Sales/Receivables
40.0
12.3
7.2
AR Turnover
Interpret the ratios in the table to identify the three (3) firms and briefly discuss
your reasons using the following format:
Company (Number) is the
Reason:
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Transcribed Image Text:The table below shows the ratios for three companies: airline, discount clothing store, accounting firm. COMPANY 1 2 3 Debt-equity 0.2 1.2 0.7 Inventory Turnover 12.0 0.3 Current Ratio 2.5 1.5 1.3 Sales/Total Assets 4.0 1.7 7.0 - Total Asset Turnover Sales/Receivables 40.0 12.3 7.2 AR Turnover Interpret the ratios in the table to identify the three (3) firms and briefly discuss your reasons using the following format: Company (Number) is the Reason:
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