Question 1
Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the working capital turnover for the year. Present your answer to two decimal places. e.g. 20.00.
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2017
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2016
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Total current assets
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$904
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$860
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Total current liabilities
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$418
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$490
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Sales
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$3,685
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Cost of goods sold
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$1,839
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Question 2
In its most recent annual report Briggs & Stratton reported sales of $3,186 million. It also reported that its days' sales in receivables for the year was 36.6 days, days' sales in inventory was 78.2 days, and days' sales in payables was 24.1 days. Calculate the cash conversion cycle for the year.
Question 3
In its most recent annual report Hewlett-Packard reported sales of $74,361 million and cost of goods sold of $55,596 million. Accounts payable at the beginning of the year was $13,018 million and at the end of the year $14,268 million. Inventory at the beginning of the year was $6,366 million and at the end of the year $5,536 million. Calculate the average days' sales in payables for the year. Present your answer to one decimal place. e.g. 20.0.
Question 4
In its most recent annual report Hewlett-Packard reported sales of $75,178 million and cost of goods sold of $54,530 million. Accounts payable at the beginning of the year was $13,569 million and at the end of the year $13,595 million. Inventory at the beginning of the year was $5,209 million and at the end of the year $5,817 million. Calculate the average days' sales in payables for the year. Present your answer to one decimal place. e.g. 20.0.
Question 5
Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the current ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.
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Cash & marketable securities
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$147
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Accounts receivable
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$386
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Inventory
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$498
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Other current assets
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$219
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Fixed assets (net)
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$1,132
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Intangible assets
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$171
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Long-term investments
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$254
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Total current liabilities
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$667
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Long-term debt
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$941
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Other long-term liabilities
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$246
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Stockholders' equity
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$290
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Question 6
Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the cash flow liquidity ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.
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Cash & marketable securities
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$103
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Accounts receivable
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$386
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Inventory
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$428
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Total other current assets
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$210
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Fixed assets (net)
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$1,185
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Intangible assets
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$232
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Long-term investments
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$331
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Total current liabilities
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$650
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Long-term debt
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$920
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Other long-term liabilities
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$243
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Stockholders' equity
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$293
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Cash flow from operations
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$880
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Question 7
In its most recent annual report Hewlett-Packard reported sales of $71,073 million and cost of goods sold of $55,009 million. Inventory at the beginning of the year was $5,366 million and at the end of the year $6,256 million. Calculate the average days' sales in inventory for the year. Present your answer to one decimal place. e.g. 20.0.
Question 8
In its most recent annual report Leggett & Platt reported sales of $3,666 million. It also reported accounts receivable of $528 million at the beginning of the year and accounts receivable of $462 million at the end of the year. Calculate the average days' sales in receivables for the year. Present your answer to one decimal place. e.g. 20.0.
Question 9
Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the quick ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.
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Cash & marketable securities
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$107
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Accounts receivable
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$425
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Inventory
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$474
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Total other current assets
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$190
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Fixed assets (net)
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$1,180
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Intangible assets
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$216
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Long-term investments
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$263
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Total current liabilities
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$759
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Long-term debt
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$923
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Other long-term liabilities
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$231
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Stockholders' equity
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$5
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Question 10
Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the defensive interval ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.
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Cash & marketable securities
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$178
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Accounts receivable
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$398
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Inventory
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$441
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Total other current assets
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$151
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Fixed assets (net)
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$1,160
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Intangible assets
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$239
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Long-term investments
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$345
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Sales
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$2,162
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Cost of goods sold
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$1,160
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Cash operating expenses
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$564
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Depreciation expenses
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$367
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Interest expenses
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$131
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Gain on sale of asset
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$110
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Tax expenses
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$171
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