Refer to CVS Corporation's 2011 annual report, which you can find using either the Investor Relations portion

Question:

Refer to CVS Corporation's 2011 annual report, which you can find using either the "Investor Relations" portion of its website (do a web search for CVS investor relations) or by going to www.sec.gov and, under the "Filings" tab, clicking on "Search for company filings." Using data from that report, conduct a comprehensive ratio analysis that compares the company's performance in 2011 and 2010. Show all your computations.
(Round to one decimal place.) After each group of ratios, comment on the performance of CVS. Prepare and comment on the following categories of ratios:
• Operating asset management analysis: current ratio, quick ratio, receivables turnover, days' sales uncollected, inventory turnover, days' inventory on hand, payables turnover, days' payable, and financing period (Accounts Receivable, Inventories, and were [in millions] $5,457, $10,343, and $3,560, respectively, in 2009.)
• Profitability and total asset management analysis: profit margin, asset turnover, and return on assets (Total assets were [in millions] $61,641 in 2009.)
• Financial risk analysis: debt to equity ratio, return on equity, and interest coverage ratio (Total total shareholders' equity was [in millions] $35,768 in 2009.)
• Liquidity analysis: cash flow yield, cash flows to sales, cash flows to assets, and free cash flow.
• Market strength analysis: price/earnings (P/E) ratio and yield
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...