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Financial statement analysis The financial statements for Wike, Inc, ane presented in Appendis C at the end of the text. Use the following addational information

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Financial statement analysis The financial statements for Wike, Inc, ane presented in Appendis C at the end of the text. Use the following addational information fin millions: Instructions 1. Determine the following measures for the fiscal yean enuded Mxy. 31, 2018. and May 31, 2017. hoand ratios and percentagen to one decimal place. 1. Working cxpial b. Curteot ratio c. Qulck ratio a. Accounth teceivable turncives c. Nunther of days' sales in recerisables 1. Insentnry farnover g. Number of diys' wies in invertor? h. Futio of liabrilities to 3uciaholders' equaty i. Awed harnover I Peturn on wocal assets k. Aenum on comusce wackholden equiry 1. Price-eamings matio, assuming that the malket grice win 97212 per ahare co Mry 29 2016, and 553.06 per thare of Sta80, 2017 2. What condlasioek can te drawe ffom theae andbyes? CP 17-1 Ethics in Action Podgers Industries Ine cumpinted ki fiscal year on Decemiler 31. Wrar ihe end of the for fod yrat, the conthamys s Imenal Aust Depourtment determined that an important internal control peocedure had nor been fusctiontes peoperly. The head of tniecmal Aodit, Dast Bark? Bine. Todd reporied the fallure to the enepany s dhief financial oeficer, Joah McCoy. ryort- Did forh tectuave vihirally in that seltution? Eyplain yoar answer, Financial statement analysis The financial statements for Wike, Inc, ane presented in Appendis C at the end of the text. Use the following addational information fin millions: Instructions 1. Determine the following measures for the fiscal yean enuded Mxy. 31, 2018. and May 31, 2017. hoand ratios and percentagen to one decimal place. 1. Working cxpial b. Curteot ratio c. Qulck ratio a. Accounth teceivable turncives c. Nunther of days' sales in recerisables 1. Insentnry farnover g. Number of diys' wies in invertor? h. Futio of liabrilities to 3uciaholders' equaty i. Awed harnover I Peturn on wocal assets k. Aenum on comusce wackholden equiry 1. Price-eamings matio, assuming that the malket grice win 97212 per ahare co Mry 29 2016, and 553.06 per thare of Sta80, 2017 2. What condlasioek can te drawe ffom theae andbyes? CP 17-1 Ethics in Action Podgers Industries Ine cumpinted ki fiscal year on Decemiler 31. Wrar ihe end of the for fod yrat, the conthamys s Imenal Aust Depourtment determined that an important internal control peocedure had nor been fusctiontes peoperly. The head of tniecmal Aodit, Dast Bark? Bine. Todd reporied the fallure to the enepany s dhief financial oeficer, Joah McCoy. ryort- Did forh tectuave vihirally in that seltution? Eyplain yoar

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