Reference no: EM132068168

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.

	2017	2016
Total current assets	$904	$860
Total current liabilities	$418	$490
Sales	$3,685
Cost of goods sold	$1,839

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.

Cash & marketable securities	$147
Accounts receivable	$386
Inventory	$498
Other current assets	$219
Fixed assets (net)	$1,132
Intangible assets	$171
Long-term investments	$254
Total current liabilities	$667
Long-term debt	$941
Other long-term liabilities	$246
Stockholders' equity	$290

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.

Cash & marketable securities	$103
Accounts receivable	$386
Inventory	$428
Total other current assets	$210
Fixed assets (net)	$1,185
Intangible assets	$232
Long-term investments	$331
Total current liabilities	$650
Long-term debt	$920
Other long-term liabilities	$243
Stockholders' equity	$293
Cash flow from operations	$880

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.

Cash & marketable securities	$107
Accounts receivable	$425
Inventory	$474
Total other current assets	$190
Fixed assets (net)	$1,180
Intangible assets	$216
Long-term investments	$263
Total current liabilities	$759
Long-term debt	$923
Other long-term liabilities	$231
Stockholders' equity	$5

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.

Cash & marketable securities	$178
Accounts receivable	$398
Inventory	$441
Total other current assets	$151
Fixed assets (net)	$1,160
Intangible assets	$239
Long-term investments	$345
Sales	$2,162
Cost of goods sold	$1,160
Cash operating expenses	$564
Depreciation expenses	$367
Interest expenses	$131
Gain on sale of asset	$110
Tax expenses	$171