https://elearn.sinclair.edu/d2l/lor/viewer/viewFile.d2lfile/55385/29021/Content/smuckers_2013_annual_report.pdf

Please access the pdf file with the annual report for Smuckers and anser the following questions

QUESTIONS:

6. Compute Smuckers current ratio for 2012 and 2013. Was the companys ability to pay its current liabilities improving from 2012 to 2013?

(Cont.)

7. Compute Smuckers days sales in inventory for 2012 and 2013. Is the company improving on the management of its inventory from 2012 to 2013? Note: total inventory is the sum of the Raw Materials and Finished Products inventories and cost of products sold is both the normal cost of products sold and the costs associated with the mergers and restructuring)

8. The footnotes to Smuckers statements follow the consolidated statement of stockholders equity from pages 46 through 80. In footnote 1 on page 48, Smuckers disclosed it used which depreciation method to record its annual depreciation expense?

9. What general subject areas were discussed in footnotes 2, 3 and 5?

10. The Report of the Independent Registered Public Accounting Firm immediately preceded Smuckers financial statements on page 38. This report disclosed that Smuckers audit was conducted in accordance with whose standards?