Deere & Company Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions a. Cash b. Short-term investments (or marketable securities) c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current lia h. Cash flow from operations Other current assets include: Receivables from unconsolidated affiliates, Financing receivables-net, Financing receivables securitized net, and Other receivables. Deferred income tax liabilities are long-term 2. The company projects the following to occur in the next fiscal year Accounts payable will decrease by 4% Other current liabilities are expected to increase by 4%. Cash flow from operations is expected to increase by 51% Assume all other items remain unchanged from the prior year. Provide the next year's forec balances for the following accounts and cash flow from operations Round your answer to the nearest milion a. Cash 724 Assume all other items remain 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 million. a. Cash b. Short-term investments (or marketable securities) c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current liabilities. > h. Cash flow from operations 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. 2021 COMPARED WITH 2020 CONSOLIDATED RESULTS Deere & Company (In millions of dollars, except per share amounts) Net sales and revenues Net income attributable to Deere & Company Diluted earnings per share 2021 2020 $ 44,024 $ 35,540 5,963 18.99 2,751 8.69 Net income in 2020 was negatively affected by impairment charges and employee-separation costs of $458 million after- tax (see Notes 4 and 5). In addition, net income in 2020 was less favorably affected by discrete adjustments to the provision for income taxes. Equipment Operations (In millions of dollars) 2021 2020 % Change Worldwide: Net sales $ 39,737 $31,272 +27 Operating profit Net income 6,868 3,559 +93 5,082 2,185 +133 Price realization +6 Currency translation +2 U.S. and Canada: Net sales $ 22,476 $ 17,954 +25 Price realization +5 Currency translation +1 Outside U.S. and Canada: Price realization Net sales Currency translation $ 17,261 $ 13,318 +30 +8 7 Deere & Company (In millions of dollars) Cost of sales to net sales 2021 2020 % Change 73.3% 75.7% Finance and interest income $ 3,296 $ 3,450 4 Other income 991 818 +21 Research and development 1,587 1,644 -3 expenses Selling, administrative and general expenses 3,383 3,477 -3 Interest expense 993 1,247 -20 Other operating expenses 1,343 1,612 -17