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1 1 . 1 8 Ratio analysis comprehensive problem, 2 0 2 0 data This problem is based on the 2 0 2 0 annual

11.18 Ratio analysiscomprehensive problem, 2020 data This problem is based on the 2020 annual report of Campbell Soup Company in the appendix.
Compute the following profitability measures for the year ended August 2,2020:
(1) Return on investment, based on net earnings (perform a DuPont analysis).
(2) Return on equity, based on net earnings and total equity.
(3) Price/earnings ratio. Use $49.57 as the year-end market price.
(4) Dividend yield.
(5) Dividend payout ratio.page 426
Compute the following liquidity measures at August 2,2020:
(1) Working capital.
(2) Current ratio.
(3) Acid-test ratio.
Compute the following activity measures for the year ended August 2,2020:
(1) Number of days sales in accounts receivable, based on a 365-day year.
(2) Number of days sales in inventory, based on a 365-day year.
(3) Accounts receivable turnover.
(4) Inventory turnover.
(5) Turnover of net property, plant, and equipment.
Compute the following financial leverage measures at August 2,2020:
(1) Debt ratio.
(2) Debt/equity ratio.
Compute the following physical measures of Campbells profitability at August 2,2020:
(1) Net sales per employee.
(2) Operating income per employee. (Note: In a page not reproduced in the appendix, Campbells 2020 annual report disclosed that on August 2,2020, the company had approximately 14,500 employees.)

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