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Question: just another one more of a clarificationandnbspwhen it is asking...

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Just another one. More of a clarification

 

When it is asking for average total assets for example for the asset turnover for the 2017/2018 period. 

 

Would I get the two total asset figures from the 2017 balance sheet and the 2018 balance sheet and divide that by 2 and then use that for the 

Asset turnover 

Sales Revenue / Average Total Assets 

 

I have a get like that as I have to do Days inventory days debtors and days creditors. 

 

I was also wondering how you work out the cash cycle result as I need to work this out aswell but i cannot find any direct fomulas. 

 

Thank you 

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