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please soms one help me with this ? thanks ans show steps Corporate Discusion-Colgate-Palmolive v Available on Sunday, February 23, 2020 12:00 AM EST i

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Corporate Discusion-Colgate-Palmolive v Available on Sunday, February 23, 2020 12:00 AM EST i Group/section restrictions. Must post first. Click HERE for Colgate-Palmolive's homepage. How do you get to their most current fiscal year end to answer these questions? Remember that the 10-K includes all of the financial data. Follow this thread after you click on the hyperlink. Investors=>SEC Filings=>Annual Filings (from group)=>10-K. The most current fiscal 10-K will be listed first. You may open the 10-K in different formats. I like the PDF, since it is easy to search. Answers to questions 1-4 are in Item 8. All numbers in the financial statements for Colgate- Palmolive are listed "in millions". Correct answers to questions 1-4 will have the amount AND "in millions". (This is the same as having multiplied the number by 1,000,000.) The formulas for ratios in questions 5-8 are in chapter 6 textbook and Power Point. Correct answers to questions 5-8 must include calculations, correct format for that ratio and rounded to two decimal places. Question 8 is extra credit. Click on the most current annual report to answer the following questions. 1. What is the value of Inventory at the end of the most current fiscal year? (2 points) 2. What is the value of Inventory at the end of the next to most current fiscal year? (2 points) 3. What is the value of Cost of Goods Sold at the end of the most current fiscal year? (2 points) 4. What is the value of Cost of Goods Sold at the end of the next to most current fiscal year? (2 points) 5. What is the Inventory Turnover Ratio at the end of the most current fiscal year? (3 points) 6. What is the Days in Inventory Ratio at the end of the most current fiscal year? (2 points) 7. If Colgate-Palmolive alters packaging to comply with sustainability issues, their inventory cost and cost of goods sold will increase by 10%. Sales are expected to decrease by 2%. What would be the new Inventory Turnover Ratio for the current year? (7 points) 8. What is the Inventory Turnover Ratio at the end of the next to most current fiscal year? (3 points extra credit)

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