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Dell 2009 Apple 2009 HP 2009 Current assets Accounts receivable $24.245.000 $31.555.000 $52,539,000 8.543.000 Cash 5.057.000 25,301.000 Inventories 10,635,000 23.464.000 13,334,000 Other current assets 1.051.000

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Dell 2009 Apple 2009 HP 2009 Current assets Accounts receivable $24.245.000 $31.555.000 $52,539,000 8.543.000 Cash 5.057.000 25,301.000 Inventories 10,635,000 23.464.000 13,334,000 Other current assets 1.051.000 455.000 6.128.000 3,643.000 2.579.000 7.776.000 Sales 61.101,000 42.905.000 91.658,000 Cost of goods sold 50,144,000 25.683.000 69.178,000 Total current liabilities 14,859.000 11.506,000 35.850.000 i. Calculate Accounts receivable turnover for Dell and Apple. ii. Which of the two companies have an easy credit policy for customers? iii. Calculate inventory Turnover for Dell and Apple. iv. Which of the two companies has weak inventory management? (2+0.5+2+0.5-5 marks)

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