3M 10-K

2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 2%. - Other current liabilities are expected to decrease by 29%. - Cash fiow from operations is expected to increase by 10%. Assume all other items rehiain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest miltion. 3. Compute the forecasted current ratio for the next fiscal year. Round your answer to two decimal places. 4. Compute the forecasted quick ratio for the next fiscal year. Round your answer to two decimal places. 5. Compute the forecasted cash ratio for the next fiscal year. Round your answer to two decimal places. 6. Compute the forecasted operating cash flow ratio for the next fiscal year. Round your answer to two decimal places. 1. What does the company report for the following accounts for the most current fiscal year: 2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 2%. - Other current liabilities are expected to decrease by 29%. - Cash fiow from operations is expected to increase by 10%. Assume all other items rehiain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest miltion. 3. Compute the forecasted current ratio for the next fiscal year. Round your answer to two decimal places. 4. Compute the forecasted quick ratio for the next fiscal year. Round your answer to two decimal places. 5. Compute the forecasted cash ratio for the next fiscal year. Round your answer to two decimal places. 6. Compute the forecasted operating cash flow ratio for the next fiscal year. Round your answer to two decimal places. 1. What does the company report for the following accounts for the most current fiscal year