Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
ʎddɐɥ ʎddɐɥ
wrote...
Go to Answer
Posts: 293
Rep: 0 0
7 years ago
The following comparison is presented for Couch, Inc. to the industry averages:
   Industry
   Couch, Inc.   Averages
   Current ratio   1.7   1.2
   Quick ratio   .6   .8
   Net sales to working capital   12.0   25.0
   Receivables turnover   4.0   7.6
   Inventory turnover   4.8   6.2
What conclusion can be drawn when comparing Couch's net sales to working capital to the industry?
A) Couch is generating less working capital for each $1.00 of sales than the industry.
B) Couch is earning less on its working capital than the industry.
C) Couch is utilizing its working capital more efficiently than the industry.
D) Couch is generating less sales for each $1.00 of working capital than the industry.
Read 82 times
1 Reply
Replies
Answer verified by a subject expert
hol23hol23
wrote...
#1
Posts: 373
Rep: 0 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

ʎddɐɥ Author
wrote...

7 years ago
Thanks for your help!!
ofsuahasiufhoas
wrote...

Yesterday
Correct Slight Smile TY
kriggs62
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  978 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 81
  
 82
  
 177
Your Opinion
Which is the best fuel for late night cramming?
Votes: 146
Previous poll results: Who's your favorite biologist?