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Periods referenced in the questions are listed below.

Fiscal 2020= Fiscal Year Ended August 29, 2020

Fiscal year-end 2020 = August 29 2020

Fiscal 2020 = Fiscal Year Ended August 31, 2020

Fiscal year-end 2020= August 31, 2020

1) Show the percent change calculation of Fiscal 2020 net income from Fiscal 2019 net income (comprehensive income should not be used).

2) Show the calculation for cash and cash equivalents as a percent of total current assets at the end of Fiscal 2020.

3) Show the current ratio calculation at the end of Fiscal 2020.

4) Show the quick or acid test ratio calculation at the end of Fiscal 2020.

5) Show the accounts receivable collection period (also called days sales outstanding) calculation for Fiscal 2020. The calculation should use

average daily revenues measured by Fiscal 2020 revenues divided by 365 days.

6) Show the days inventory held calculation for Fiscal 2020. The calculation should use average daily cost of goods sold measured by Fiscal 2020 cost of goods sold divided by 365 days.

7) Show the inventory turnover calculation for Fiscal 2020.