FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: DYCKMAN
Publisher: Cambridge Business Publishers
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Question
Chapter 8, Problem 30E
a.
To determine
Compute the receivables, inventory, and PPE turnover ratios for both 2018 and 2017.
b.
To determine
Indicate the changes that are evident in the turnover rates of 3M for these years, Discuss the ways in which the company can improve its turnover within each of these three areas.
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