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|1. Given below are the marketable securities totals and other asset information for two chemical companies for 2016 (in millions). Calculate marketable securities as a
|1. Given below are the marketable securities totals and other asset information for two chemical companies for 2016 (in millions). Calculate marketable securities as a percentage of current assets and total assets. DuPont Dow Marketable Securities 1888 1362 Available-for-sale and held- Available-for-sale and held Policy Total Current Assets to-maturity to-maturity 17117 23659 Total Assets 39964 79511 Marketable Securities / Total Current Assets Marketable Securities/Total Assets Evaluate the use of marketable securities accounted for both companies. 2. Given below are the 2016 inventory and related information for three chemical companies (in millions). Calculate inventory as a percent of total current assets and finished goods and materials to total inventory percentages DuPont PPG Dow Inventory Finished Goods, Work in Progress 5673 7363 1546 5122 5740 1134 Materials 853 375 719 Policy LIFO, FIFO LIFO, FIFO, AVG LIFO Total Current Assets 17117 23659 6452 Inventory/Total Current Assets Finished Goods / Inventory Materials/Inventory Analyze differences of ratios and policy based on business strategy and other financial analysis factors
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