{text:list-item} Please see Annex B for Common-size Comparative Income Statements for First Chance Sports Ltd. Some relations that stand out on percentage basis include : 0.67% drop in General and Administrative expenses as a percentage of sales 1.13% increase in operating profit margin 1.3% increase in net profit margin (using income before tax) These percentage increases or decreases will be analysed further together with the analysis in sections 2...
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Please see Annex C for financial ratios mentioned in section 2.3 '' 2.6 below. {text:list-item} Accounts Receivable management The company has improved on its collection of accounts receivable in X2 to 59.82 days. This is better than the industry ratio of 62 days. Similarly, its Accounts Receivable (AR) turnover at 6...
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