Practice makes perfect! Let's do more! You have accomplished the pie chart from What's More on page 17. Interpretation matters. Describe the operations of Limay Store by interpreting the results of...

Extracted text: Practice makes perfect! Let's do more! You have accomplished the pie chart from What's More on page 17. Interpretation matters. Describe the operations of Limay Store by interpreting the results of the pie chart by answering these questions. Limay Store – SFP Asset section 1. Which of the current asset takes the biggest part? 2. How could this affect the operation of the business?


Extracted text: Data needed: SFP Asset section 1. Cash 16.3% 2. AR 6.3% 3. Short term investment 0.2% 4. Inventory 2.2% 5. Prepaid expenses 0.4% 6. PPE 74.7% Data needed: SFP Liabilities and OE section. 1. Current liab 16% 2. Non-current liab 34.2% 3. OE 49.9% Data needed: SCI 1. COGS 38.6% 2. Selling and admin exp 6.8% 3. Interest exp 0.1% 4. Income tax exp 0.5% 5. Net income 54%