Solution-Computation of financial ratios

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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Computation of financial ratios

Reference no: EM13546258

Reference no: EM13546258

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