Question
Excel Ratio File Spreadsheet Using the SEC Financial Statements Ratios and Calculations, prepare a ratio analysis of your SEC corporations current and prior years financial
Excel Ratio File Spreadsheet
Using the SEC Financial Statements Ratios and Calculations, prepare a ratio analysis of your SEC corporations current and prior years financial statements. In addition to presenting the year to year profit and loss balance sheet variances, calculate inventory turnover, operating margin, working capital and operating margin. Explain the value of understanding why inventory balances, inventory turnover, cost of goods sold, operating margin and working capital are important metrics for Cost Accounting.
HP Inc
Consolidated Balance Sheets - USD ($) $ in Millions | Oct. 31, 2018 | Oct. 31, 2017 |
Current assets: | ||
Cash and cash equivalents | $ 5,166 | $ 6,997 |
Accounts receivable, net | 5,113 | 4,414 |
Inventory | 6,062 | 5,786 |
Other current assets | 5,046 | 5,121 |
Total current assets | 21,387 | 22,318 |
Property, plant and equipment, net | 2,198 | 1,878 |
Goodwill | 5,968 | 5,622 |
Other non-current assets | 5,069 | 3,095 |
Total assets | 34,622 | 32,913 |
Current liabilities: | ||
Notes payable and short-term borrowings | 1,463 | 1,072 |
Accounts payable | 14,816 | 13,279 |
Employee compensation and benefits | 1,136 | 894 |
Taxes on earnings | 340 | 214 |
Other accrued liabilities | 7,376 | 6,953 |
Total current liabilities | 25,131 | 22,412 |
Long-term debt | 4,524 | 6,747 |
Other non-current liabilities | 5,606 | 7,162 |
Commitments and contingencies | ||
Stockholders deficit: | ||
Preferred stock, $0.01 par value (300 shares authorized; none issued) | 0 | 0 |
Common stock, $0.01 par value (9,600 shares authorized; 1,560 and 1,650 shares issued and outstanding at October 31, 2018, and 2017 respectively) | 16 | 16 |
Additional paid-in capital | 663 | 380 |
Accumulated deficit | (473) | (2,386) |
Accumulated other comprehensive loss | (845) | (1,418) |
Total stockholders deficit | (639) | (3,408) |
Total liabilities and stockholders deficit | $ 34,622 | $ 32,913 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started