Compute the operating-cash-flow-to-current-liabilities ratio for each firm for 2021 12 points) Microsoft 42 Apple:.24 The partial...

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Compute the operating-cash-flow-to-current-liabilities ratio for each firm for 2021 12 points) Microsoft 42 Apple:.24 The partial balance sheets and income statements for Campbell Snacks, Inc., for fiscal years ending June 30, 2019, 2018 and 2017 follow: (in millions) Current Assets June 30, 2019 June 30, 2018 June 30, 2017 Cash and cash equivalents $7,172 $4,970 $2,574 Accounts receivable (Calculate the number 26,262 30485 35,000 Not Given for all years) Inventories 30,960 37,872 32,567 Deferred income taxes 1,814 3,018 2,345 Prepaid expenses and other current assets 4,799 6,020 5,676 Total Current Assets 71,007 82,305 78,162 Property, plant and equipment 54,977 57,129 49,256 Accumulated depreciation. (25,784) (26,169) (24,995) Net property, plant and equipment 29,193 30,960 24,261 Goodwill and other intangible assets 133,677 141,000 140,245 Other noncurrent assets 6,522 Total Assets $269,592 7,256 $292,481 7,089 $274,018 June 30, 2019 June 30, 2018 June 30, 2017 (in millions) Net sales (Calculate the number Not Given for all years) 276,602 2155 176739 2861118 Cost of products sold 136,143 138,376 +brobz 261,912 124,807 Selling, general and administrative expense 36,012 38,363 36,255 Operating income 104,447 109,379 100,850 Interest expense 2,037 3,472 1,956 Other non-operating expense, net 840 693 848 Earnings from continuing operations before income taxes 101,570 105,214 98,046 Income taxes on continuing operations 25,393 26,304 24,512 Net earnings from continuing operations 76,177 78,910 73,534 Net earnings (loss) from discontinued operations (3,215) 416 416 Net earnings $72,962 $79,326 $73,950 Compute the operating-cash-flow-to-current-liabilities ratio for each firm for 2021 12 points) Microsoft 42 Apple:.24 The partial balance sheets and income statements for Campbell Snacks, Inc., for fiscal years ending June 30, 2019, 2018 and 2017 follow: (in millions) Current Assets June 30, 2019 June 30, 2018 June 30, 2017 Cash and cash equivalents $7,172 $4,970 $2,574 Accounts receivable (Calculate the number 26,262 30485 35,000 Not Given for all years) Inventories 30,960 37,872 32,567 Deferred income taxes 1,814 3,018 2,345 Prepaid expenses and other current assets 4,799 6,020 5,676 Total Current Assets 71,007 82,305 78,162 Property, plant and equipment 54,977 57,129 49,256 Accumulated depreciation. (25,784) (26,169) (24,995) Net property, plant and equipment 29,193 30,960 24,261 Goodwill and other intangible assets 133,677 141,000 140,245 Other noncurrent assets 6,522 Total Assets $269,592 7,256 $292,481 7,089 $274,018 June 30, 2019 June 30, 2018 June 30, 2017 (in millions) Net sales (Calculate the number Not Given for all years) 276,602 2155 176739 2861118 Cost of products sold 136,143 138,376 +brobz 261,912 124,807 Selling, general and administrative expense 36,012 38,363 36,255 Operating income 104,447 109,379 100,850 Interest expense 2,037 3,472 1,956 Other non-operating expense, net 840 693 848 Earnings from continuing operations before income taxes 101,570 105,214 98,046 Income taxes on continuing operations 25,393 26,304 24,512 Net earnings from continuing operations 76,177 78,910 73,534 Net earnings (loss) from discontinued operations (3,215) 416 416 Net earnings $72,962 $79,326 $73,950

Answer rating: 100% (QA)

To compute the operatingcashflowtocurrentliabilities ratio we first need to calculate the operating ... View the full answer