ACC 221 Chapter Notes -Stata, Abet, Asteroid Family
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ACC 221 Full Course Notes
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Apply the efficiency indicators to drill down into j&j"s efficiency. Use the information in j&j"s income statement and balance sheets for fiscal 2013 and fiscal 2012 to calculate the efficiency indicators. In the left-hand column enter the names of the financial statement items that will be used in the numerator and the denominator of the ratios. Enter the financial statement dollar amounts just as they are shown on the financial statements. Round all averages to 0 decimal places -- a whole number ,xxx. Round the decimal results to 2 decimal places. xx. xx. Number of days" sales in inventory less number of days" purchases in accounts payable. Net number of days cash is invested in inventory plus number of days" sales in receivables.
