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Computation of financial ratios

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Reference no: EM13546258

Computation of Financial Ratios

Schlofman Company has the following assets.

Cash

$ 20,000

Accounts receivable

60,000

Inventory

105,000

Property, plant, and equipment

220000

Total assets

$405,000

Companies in Schlofman's industry typically have the following asset mix: cash, 7%; accounts receivable, 15%; inventory, 18%; property, plant, and equipment, 60%. Compared to other companies in its industry, Schlofman has too much of one asset. Which one? Show your computations.

Reference no: EM13546258

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