Key figures for Samsung follow.

Required

1. Compute cash and cash equivalents as a percent (rounded to one decimal) of total current assets, total assets, total current liabilities, and total shareholders’ equity for both years.

2. Compute the percentage change (rounded to one decimal) between the current-year and prior-year cash balances.

3. Compute the days’ sales uncollected (rounded to one decimal) at the end of both the (a) current year and (b) prior year.

4. Does Samsung’s collection of receivables show a favorable or unfavorable change?

Transcribed Image Text:

W millons Current Year Prior Year # 30,340,505 # 30,545,130 Cash....... Accounts receivable. Current assets... 36,948,466 31,804,956 174,697,424 339,357,244 69,081,510 247,753,177 243,771,415 146,982,464 301,752,090 Total assets. Current liabilities. 67,175,114 Shareholders' equity Net sales..... 214,491,428 239,575,376