Question
SHARP (in millions) Marketable securities Select Income Statement Information Net revenue Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense
SHARP (in millions) Marketable securities Select Income Statement Information Net revenue Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense Net income Select Statement of Cash Flows Information Cash paid for interest Cash flows from operating activities Select Balance Sheet Information Cash and equivalents $ 4,584 2,685 1,319 Current Prior Year Year $ 4,348 2,561 1,254 104 102 249 232 406 363 81 85 688 601 545 416 Accounts receivable 22 Inventories 540 553 Prepaid expense and other current assets 283 288 Accounts payable 58 41 Current accrued expenses 230 137 Other current liabilities Current portion of long-term debt 457 406 17 40 134 Long-term debt 1011 1,380 1,333 Required: Compute the following ratios for the current year: (Round your answers to 2 decimal places.) Receivable turnover ratio Inventory turnover ratio Current ratio Cash ratio Times interest earned ratio Cash coverage ratio 8.50
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