Solution-Evaluate the performance of the company over the

Evaluate the performance of the company over the period

Reference no: EM133092649

Question - JayJay Inc. has presented to you the tabulated calculated ratios below which were extracted from its financial statements;

	2020	2019	2018	2017
Quick Ratio	1.61	1.62	1.59	1.69
Return on Assets	7.94%	9.56%	8.51%	9.05%
Accounts receivable collection period	40.77 days	40.77 days	42.58 days	39.55 days
Inventory turnover period	71.00 days	82.34 days	75.09 days	66.81 days
Interest cover	2.41x	2.22x	2.46x	2.74x

Required - Focusing on the above ratios, critically evaluate the performance of the company over the four year period.

Reference no: EM133092649

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Evaluate the performance of the company over the period : Required - Focusing on the above ratios, critically evaluate the performance of the company over the four year period

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Evaluate the performance of the company over the period

Reference no: EM133092649

Reference no: EM133092649

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