13. What is the companys Current Ratio? What does it express?

14. What is the companys Working Capital? What does it express?

16. What is the companys Accounts Receivable Turnover?use net sales (instead of net sales on account) as numerator. What does it express?

17. Prepare a horizontal analysis, similar to exhibit 8 on page 71 of your textbook for the following items in the balance sheet:

18. Prepare a vertical analysis in relation to sales, similar to Exhibit 9 on page 115 of your textbook (total revenue as the denominator) for the following items in the income statement.

PARTII Stock Performance Graph Item . Market for Registrant's Common Equity, Related Stnckhnlder Matters, and Issuer Purchases of Equity The informrion connzined in rhis Stock Performance Graph secrlon shail nbe deeed to be suciting matea"r "fied" or incorponed hy reference in fiture fiines with eSEG or subjet so he Iiabiities af Section 18 of e Securines Exchange Acr of 1934, except to the extent that Cico perifiraily iacorponates it by reference into a docmeni flec anier the Securities Act of 1933 or the Secuiies Exchange Act of193. (a) Cison common shock is trnded an the NASDAQ Glohal Select Market under the symhol CSOO. Information regarding quarterly cash dividends declared an Cisco's common stock during fiscal 2016 and 2015 may he found in Supplementary Financial Data on page 119 of this repurt. There were 43,798 registered sarebolders as af Seplember 2, 2016. The iigh and low cuaon stock sales prices per share for each periud were as follows: The following graph stuwvsfive-year cullipursua 'f he cumulative tola shareholder return on Csco curinun sluck with the curmulative total returns of the S&P 500 Index, and the S&P Infomation Technolugy Index. The gruph trurks the performance ua a $100 avestmen: in the Company's common stock and in cach of tbe indcxes (with the reinvestmcet of all dividcods) oe the date spccified. Sharcholder rcturas over the indicated period arc besed on historical duta and should no be ccosidred indicative of future shareholder rerurns 29.38 S 2949 S 28.70 S 31.13 S 23.03 S 2247 S 22.44S 25.81 S 26.01 S 28.70 S 30.31 S 29.90 S 22.49 23.60 Comparison of S-Year Cumulative Total Return Among Cisco Systems, Inc., the S&P 500 Index, and the S&P Information Technology Index Third quarter Fouth quarter (b) On July 15, 2016, we issuod an aggrcgate of 18,99S shares of oar common stock in conncction with a trsnsaction under 26.84 South Africa's Black Economic Empowerment program to a South African education trust. The offer and sale of the securites were effected without registration in reliance on Regulation S promulgated under the Securites Act of 1933 $250 $200 (c) Isser parchases of equity secarities in millians, excent per-share amoants) $150 average Prise Paid Fublicly Ansunced Fans or Pregrams Luder the Flaes oe 27.44 28.93 29.48 28.70 May 29, 2016 to June 25, 2016 5,777 13 S 28 $ 13 Total $50 On September 13, 2001, we announced that our Board ofDirectars had authorized a stock repurchase peogram. As af Iuly 10, 2016, our Buaru of Directors had authoriaed the repurchase of up lo S112 billion ol coma stocs under his progran. During iscal 2016, we repurchased and retired 148 million shsres of our co stock al an average price o 52645 per share fur an negregate parchase price of S3.9 billion. As of July 30, 2016, we had repurchased and retired 4.6 billion shares of our common stock at an average pric of S21.04 per share for an aggregate purchase price of S96.6 billion since incepion of the stock reaurchase program, and the remaining autharized amount for stnck repurchases under this program was $15.4 hillion with no termination date. 50 July 2011 July 2012 July 2013 July 2014 July 2015 July 2016 E Cisco Systems, Inc. S&P 500-e S&P Information Technology For the majority of restricted stock units granted, the number of shares issued on thc date the restricted stock units vest is net of hares withheld to meet applicahle tax withholding requirements. Although these withheld shares are nat issued or considered cammon snck repurchases under aur stnck repurchase program and therefore are not incladed in the precedig tale, they are Irealed as cucinnon slick repurchases un ou inancial staleznenLs as lhe reduce dle number of sliaresal would have been issued upon vesting (see Note 13 to the Consolidated Financial Statements). 013 Cisco Systems, S&P 500 S 10000 99.79 S 167.05 S 175.47S 197.66 S 219.92 10000109.65 S 36.86 634 S 175.32 S 187.36 34 PARTII Stock Performance Graph Item . Market for Registrant's Common Equity, Related Stnckhnlder Matters, and Issuer Purchases of Equity The informrion connzined in rhis Stock Performance Graph secrlon shail nbe deeed to be suciting matea"r "fied" or incorponed hy reference in fiture fiines with eSEG or subjet so he Iiabiities af Section 18 of e Securines Exchange Acr of 1934, except to the extent that Cico perifiraily iacorponates it by reference into a docmeni flec anier the Securities Act of 1933 or the Secuiies Exchange Act of193. (a) Cison common shock is trnded an the NASDAQ Glohal Select Market under the symhol CSOO. Information regarding quarterly cash dividends declared an Cisco's common stock during fiscal 2016 and 2015 may he found in Supplementary Financial Data on page 119 of this repurt. There were 43,798 registered sarebolders as af Seplember 2, 2016. The iigh and low cuaon stock sales prices per share for each periud were as follows: The following graph stuwvsfive-year cullipursua 'f he cumulative tola shareholder return on Csco curinun sluck with the curmulative total returns of the S&P 500 Index, and the S&P Infomation Technolugy Index. The gruph trurks the performance ua a $100 avestmen: in the Company's common stock and in cach of tbe indcxes (with the reinvestmcet of all dividcods) oe the date spccified. Sharcholder rcturas over the indicated period arc besed on historical duta and should no be ccosidred indicative of future shareholder rerurns 29.38 S 2949 S 28.70 S 31.13 S 23.03 S 2247 S 22.44S 25.81 S 26.01 S 28.70 S 30.31 S 29.90 S 22.49 23.60 Comparison of S-Year Cumulative Total Return Among Cisco Systems, Inc., the S&P 500 Index, and the S&P Information Technology Index Third quarter Fouth quarter (b) On July 15, 2016, we issuod an aggrcgate of 18,99S shares of oar common stock in conncction with a trsnsaction under 26.84 South Africa's Black Economic Empowerment program to a South African education trust. The offer and sale of the securites were effected without registration in reliance on Regulation S promulgated under the Securites Act of 1933 $250 $200 (c) Isser parchases of equity secarities in millians, excent per-share amoants) $150 average Prise Paid Fublicly Ansunced Fans or Pregrams Luder the Flaes oe 27.44 28.93 29.48 28.70 May 29, 2016 to June 25, 2016 5,777 13 S 28 $ 13 Total $50 On September 13, 2001, we announced that our Board ofDirectars had authorized a stock repurchase peogram. As af Iuly 10, 2016, our Buaru of Directors had authoriaed the repurchase of up lo S112 billion ol coma stocs under his progran. During iscal 2016, we repurchased and retired 148 million shsres of our co stock al an average price o 52645 per share fur an negregate parchase price of S3.9 billion. As of July 30, 2016, we had repurchased and retired 4.6 billion shares of our common stock at an average pric of S21.04 per share for an aggregate purchase price of S96.6 billion since incepion of the stock reaurchase program, and the remaining autharized amount for stnck repurchases under this program was $15.4 hillion with no termination date. 50 July 2011 July 2012 July 2013 July 2014 July 2015 July 2016 E Cisco Systems, Inc. S&P 500-e S&P Information Technology For the majority of restricted stock units granted, the number of shares issued on thc date the restricted stock units vest is net of hares withheld to meet applicahle tax withholding requirements. Although these withheld shares are nat issued or considered cammon snck repurchases under aur stnck repurchase program and therefore are not incladed in the precedig tale, they are Irealed as cucinnon slick repurchases un ou inancial staleznenLs as lhe reduce dle number of sliaresal would have been issued upon vesting (see Note 13 to the Consolidated Financial Statements). 013 Cisco Systems, S&P 500 S 10000 99.79 S 167.05 S 175.47S 197.66 S 219.92 10000109.65 S 36.86 634 S 175.32 S 187.36 34