Financial ratios are instrumental in the analysis and interpretation of financial statements, providing valuable insights into a company's financial strength and position. In this week's learning journal, the focus will be on the utilization of financial ratios to comprehend how the company assesses and interprets its accounts receivable and inventory.

For this week, please refer to the Consolidated Statements of Earnings (Page 37) and Consolidated Balance Sheets (Page 39) of Procter & Gamble Co. Compute and interpret the following ratios for the years 2021 and 2022:

Your submission should calculate the following ratio for year 2021 & 2022:

• Please ensure you include the formula and show the calculation of:
  • Accounts Receivable Turnover Ratio
  • Number of Days' Sales in Receivables Ratio
  • Inventory Turnover Ratio
  • Days' Sales in Inventory Ratio
  • How the value of inventory is recorded on the balance sheet (Note: Assume net sales as net credit sales

The link of Procter & Gamble Co : https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042422000064/pg-20220630.htm#ie35424fe23e2434fb90bec18717c447d_85

Thank you so much