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 currentliabilities, 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:

# millons Current Year Prior Year # 30,545,130 # 32,111,442 Cash..... Accounts receivable. Current assets...... Total assets...... Current liabilities.. 31,804,956 27,800,408 146,982,464 141,429,704 301,752,090 262,174,324 67,175,114 54,704,095 Shareholders' equity 214,491,428 192,963,033 Net sales.... 239,575,376 201,866,745