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Cash Accounts receivable Key figures for Samsung follow. $ millions Current assets Current Year Prior Year $ 23,069 $ 26,033 33,730 31,703 155,634 149,896 Total
Cash Accounts receivable Key figures for Samsung follow. $ millions Current assets Current Year Prior Year $ 23,069 $ 26,033 33,730 31,703 155,634 149,896 Total assets 302,511 291,179 Current liabilities 54,728 59,274 Shareholders' equity 225,559 212,580 Net sales 197,691 209,163 Required: 1. Compute cash and cash equivalents as a percent of total current assets, total assets, total current liabilities, and total shareholders' equity for both years. 2. Compute the percentage change between the current year and prior year cash balances. 3. Compute the days' sales uncollected at the end of both the (a) current year and (b) prior year. 4. Does Samsung's collection of receivables show a favorable or unfavorable change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute cash and cash equivalents as a percent of total current assets, total assets, total current liabilities, and total shareholders' equity for both years. (Round percentage values to 1 decimal place. (5 millions) Current year balance Cash as percent of: Prior year Cash as balance percent of: Cash 23,069 26,033 Current assets 155,634 % 149,806 % Total assets 302,511 % 291,179 % Current liabilities 54,728 % 59,274 % Shareholder's equity 225,559 % 212.580 % Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the percentage change between the current year and prior year cash balances. (Round percentage value to 1 decimal place.) The percentage change between the current year and prior year cash balances Required 1 Required 3> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the days' sales uncollected at the end of both the (a) current year and (b) prior year. (Assume there are 365 days in a year. Round your answers to 1 decimal place.) Days' sales uncollected a. Current Year: days b. Prior Year: days Required 1 Required 2 Required 3 Required 4 Does Samsung's collection of receivables show a favorable or unfavorable change? Does Samsung's collection of receivables show a favorable or unfavorable change
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