subject
Mathematics, 17.12.2020 14:00 Killgore

The new owners of Bluegrass Natural Foods, Inc., have hired you to help them diagnose and cure problems that the company has had in maintaining adequate liquidity. As a first step, you perform a liquidity analysis. You then do an analysis of the company’s short-term activity ratios. 3 Your calculations and appropriate industry norms are listed.
Current ratio bluegrass 4.5 industry norms 4.0
Quick ratio bluegrass 2 industry norms 3.1
Inventory turnover bluegrass 6 industry norms 10.4
Average collection period bluegrass 73 days industry norms 52 days
Average payment period bluegrass 31 days industry norms 40 days

a. What recommendations relative to the amount and the handling of inventory could you make
to the new owners?
b. What recommendations relative to the amount and the handling of accounts receivable could
you make to the new owners?
c. What recommendations relative to the amount and the handling of accounts payable could you
make to the new owners?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Which of the following equations is of the parabola whose vertex is at (2, 3), axis of symmetry parallel to the y-axis and p = 4? a.)y-3 = 1/16 (x-2)^2 b.)y+3 = -1/16 (x+2)^2 c.)x-2 = 1/16 (y-3)^2
Answers: 3
question
Mathematics, 21.06.2019 20:30
What is the volume of the cone to the nearest cubic millimeter? (use Ï€  = 3.14) a) 46 mm3 b) 128 mm3 c) 183 mm3 d) 275 mm3 diameter = 5 mm height = 7 mm how do you do this problem step by step?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Jake bakes and sell apple pies. he sells each pie for $5.75 . the materials to make the pies cost $40. the boxes jake puts the pies in cost & 12.50 total. how many pies does jake need to sell to earn a profit of $50
Answers: 3
question
Mathematics, 21.06.2019 22:00
Common binomial factor of 6x(3x+7)+5(3x+7)
Answers: 1
You know the right answer?
The new owners of Bluegrass Natural Foods, Inc., have hired you to help them diagnose and cure probl...
Questions