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Evaluate omar co performance in managing the assets

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Reference no: EM132543926

Question 1: Omar Co. has total assets of $200,000., fixed assets of $140,000 and sales of $600,000. If you know that the credit sales are 40% of sales. Evaluate Omar Co. performance in managing its assets, if industry averages for total assets turnover, fixed assets turnover, and current assets turnover are 2, 3, 11 turns respectively.

Reference no: EM132543926

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