Key figures for Samsung follow. Required 1. Compute cash and cash equivalents as a percent (rounded to
Question:
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
(b) Prior year.
4. Does Samsung’s collection of receivables show a favorable or unfavorable change?
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