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Accounts receivable at May 31, 2016 Inventories at May 31, 2016 $3,241 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at May 31,

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Accounts receivable at May 31, 2016 Inventories at May 31, 2016 $3,241 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at May 31, 2016 12,258 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 31, 2017. Assume 365 days a year. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2018 9,094 May 31, 2017 10,587 a. $ $ Working capital (in millions) Current ratio b. 2.5 2.9 c. 1.45 1.8 Quick ratio Accounts receivable turnover d. 10.1 9.93 e. Number of days' sales in receivables 35.98 days 36.75 days 3.85 f. 3.96 g. Inventory turnover Number of days' sales in inventory Ratio of liabilities to stockholders' equity 93.95 days 96.91 days h. i. Asset turnover % % j. Return on total assets k. % Return on stockholders' equity % I. Price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017. 2. The working capital between 2017 and 2018. The current and quick ratios both during 2018. The accounts receivable turnover and number of days' sales in receivables slightly. The margin of protection to creditors The return on total

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