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Research and find the most recent 10K filing for two publicly traded merchandising companies. ( Not Wal-Mart and Target) make sure the 2 companies are
Research and find the most recent 10K filing for two publicly traded merchandising companies. ( Not Wal-Mart and Target) make sure the 2 companies are in the same type of industry
- Give an overview of the company selected and describe the types of products that are sold by the company you researched.
- For your selected two companies: Compute the accounts receivable turnover ratio and the number of days sales in accounts receivable for the years and the two companies you researched and show the bases of your calculation as part of your initial response. Comment on your results. For example
- What is the trend(s) in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies?
- How do they compare to each other?
- Which is more effective at collecting their accounts receivable faster?
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