Both Oracle Corporation and Cisco Systems' are in the computer industry. The data that follows (in millions)

Question:

Both Oracle and Cisco Systems' are in the computer industry. The data that follows (in millions) are from the end of their fiscal years 2011.

Both Oracle Corporation and Cisco Systems' are in the computer

Compare the payables turnover and days€™ payable for both companies. How are cash flows affected by days€™ payable? How do Oracle€™s and Cisco Systems' ratios compare with the computer industry ratios shown in the chapter? (Use year-end amounts for ratios and round to one decimalplace.)

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...