1. Financial Analysis and Forecasting – Sweet Dreams Incorporated
... the ratio is high in 1993 it declines to below the industry average by 1995. This shows that even with the reductions of its credit standards, SDI is turning over its inventory only 3.39 times (using COGS) and 3.98 times (using sales) in a year. SDI is not selling and restocking ... its inventory as fast as it has in previous years, which shows a possible trouble area of old inventory or lack of adequate sales growth. The ... willing to maintain the present credit lines and to grant the requested additional $9,500,000 of short-term credit effective January 1, 1996. In the analysis, take...
- Word Count: 2577
- Approx Pages: 10