Microsoft Word - (4) TakeHome Bom FSA bCcDdEe CcDdEe dEe cDdEe cDdEe bCcDdEe 11 bCcDdEe . 1 Yulgas sal 1 Assets December 31, 2007 December 31, 2006 Vertical Common Size for 2007 Horizontal Common S $1,205 2,588 548 4,028 712 9,081 $748 3,041 449 3,338 409 7,985 Current Assets Cash and cash equivalents Short-term investments Receivables Merchandise inventories Other current assets Total current assets Property and Equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Total Property and equipment Less accumulated depreciation Net property and equipment Goodwill Trade names Long-Term Investments Other Assets Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts payable Unredeemed gift card liabilities Wind Accrued compensation and related expenses 705 1,540 2,627 32 4,904 1,966 2.938 919 81 318 233 $ 13,570 580 1,325 2,898 33 4,836 2.124 712 557 44 218 348 $ 11,864 $3,934 496 332 990 489 $3,234 469 354 878 703 Accrued liabilities | Accrued income taxes 000 ( ) T Microsoft Word - (4) TakeHome Barn FSA A bCcDdEe CcDdee dee CcDdEe cDdEe bCcDdEe - Times New Roman (gla bCcDdEe 1 ab? , Accrued income taxes 489 703 Short-term debt 41 Current portion of long-term debt 19 418 Total current liabilities 6,301 6,056 Non Current Liabilities Long-Term Liabilities 443 373 Long-Term Debt 590 178 Minority Interests 35 Total Non Current Liabilities 1,068 551 Shareholders' Equity Preferred stock, $1.00 par value: Authorized 400,000 shares, Issued and outstanding none Common stock, $.10 par value, Authorized-1 billion shares, Issued and 48 49 outstanding 480,655,000 and 485,098,000 shares, respectively Additional paid-in capital 430 643 Retained earnings 5,507 4,304 Accumulated other comprehensive income 216 261 Total shareholders' equity 6,201 5,257 Total Liabilities and Shareholders' Equity $13,570 $11,864 Assume that net sales for the year of 2007 as of Dec. 31, was $60,000 and that cost of goods sold was $38,000. Q3 (20 Points) A- For the Balance Sheet above do the vertical and horizontal analysis as shown in the right columns. Windows bui B- Calculate Accounts Receivable Turnover Ratio? Write your comment SI Job C- Calculate Accounts Receivable Turnover in days Ratio? Write your comment ( ) TV %15 de UcDdEe CcDdEe cDdEe bCcDdEe bCcDdEe Y| TT - : D- Inventory Turnover ratio? Write your comment E- Inventory Turnover in Days? Write your comment F- Calculate how long an investment is locked up in production before turning into cash? "calculate the operating cycle" G- Current Ratio? Write your comment H- Acid-Test Ratio ? Write your comment 5
