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3. Mobile Company manufactures computer technology devices. Selected financial data for Mobile is presented below; use the information to answer the following questions: Mobiles current

3. Mobile Company manufactures computer technology devices. Selected financial data for Mobile is presented below; use the information to answer the following questions:

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Mobiles current ratio in 2010 was:

  1. 1.07
  2. 1.45
  3. 1
  4. 0.69

  1. Mobiles quick ratio changed by what percentage from 2009 to 2010?
  2. 30%
  3. 107%
  4. 25%
  5. 82%

  1. Mobiles Operating Cash Flow to Current Liabilities ratio in 2010 was:
  2. 0.70
  3. 1.39
  4. 1.00
  5. 0.72

  1. Mobiles days receivables outstanding at the end of 2010 was:
  2. 43.20 days
  3. 40.50 days
  4. 45.25 days
  5. 8.50 days

  1. Mobiles days accounts payable outstanding at the end of 2010 is:
  2. 7.53 days
  3. 48.09 days
  4. 45.51 days
  5. 50 days

  1. Days of other financing required by Mobile at the end of 2010 would be:
  2. 54.36 days
  3. 75.36 days
  4. 102.94 days
  5. 5.27 days

  1. Mobiles 2010 inventory turnover ratio is:
  2. 7.46
  3. 11.83
  4. 6.16
  5. 5.62

4. Given the following information, calculate for Year 2 the number of days of working capital financing the firm will need to obtain from other sources?

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