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| Topic: |
History
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| Number of pages / Number of words: |
10 / 2678 |
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However, because sales has increased from X1 to X2, there is no need to be concerned with the higher receivable turnover at this point in time. Inventory management The company’s inventory turnover of 3 times in X2 is a slightimprovement over X1. However, this is slightly below the industry ratio of 3...
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However, this is slightly below the industry ratio of 3.2 times. This shows that company has improved its inventory management in X2 and is catching up with the industry in terms of inventory management. _Total and Fixed Asset management_ For the fixed asset turnover, the company’s X1 ratio of 32.65 times has dropped drastically to 9...
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