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Tours Company Ratios: Current Ratio = 1.30 Quick Ratio =  0.84 Average Collection Period =  72 Days Fixed...

Tours Company Ratios:

Current Ratio = 1.30

Quick Ratio =  0.84

Average Collection Period =  72 Days

Fixed Assets Turnover =  1.15 times

Return On Equity = 0.142

The sector in which Tour operates has the following ratios:

Current ratio                           1.26

Quick ratio                              0.8

Average collection period      72

Fixed assets turnover ratio      1.10

Return on Equity                    0.45

Comment on the financial performance of Tours?

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jeff jeffy answered 2 years ago
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