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Need help with E-M. Thank you Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014:
Need help with E-M. Thank you
Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 18,594 Stockholders' equity at May 31, 2014: 12,000 a. $ 9,255 C. 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 Working capital (in millions) $ 9,667 $ b. Current ratio 2.8 2.46 Quick ratio 1.62 1.47 d. Accounts receivable turnover 9.81 9.45 e. Number of days' sales in receivables days days f. Inventory turnover g. Number of days' sales in inventory days days h. Ratio of liabilities to stockholders' equity i. Asset turnover j j. Return on total assets % % k. Return on common stockholders' equity % % I. Price-earnings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52.81 per share on May 30, 2015 m. Percentage relationship of net income to sales % 0% Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 18,594 Stockholders' equity at May 31, 2014: 12,000 a. $ 9,255 C. 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 Working capital (in millions) $ 9,667 $ b. Current ratio 2.8 2.46 Quick ratio 1.62 1.47 d. Accounts receivable turnover 9.81 9.45 e. Number of days' sales in receivables days days f. Inventory turnover g. Number of days' sales in inventory days days h. Ratio of liabilities to stockholders' equity i. Asset turnover j j. Return on total assets % % k. Return on common stockholders' equity % % I. Price-earnings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52.81 per share on May 30, 2015 m. Percentage relationship of net income to sales % 0%Step by Step Solution
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