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The common stock of KRJ Enterprises is currently selling for $30.17 per share. Last year the company reported total earnings of $379 million and there
The common stock of KRJ Enterprises is currently selling for $30.17 per share. Last year the company reported total earnings of $379 million and there were 200 million shares of common stock outstanding. Total equity was reported on the balance sheet as $1,657 million. What was the company's price/book ratio? Present your answer rounded to two decimal places. e.g. 20.00. In its most recent annual report Briggs & Stratton reported sales of $3,971 million. It also reported that its days' sales in receivables for the year was 36.1 days, days' sales in inventory was 82.3 days, and days' sales in payables was 58.1 days. Calculate the cash conversion cycle for the year. Present your answer to one decimal place (e.g., 10.0 days). In its most recent annual report Hewlett-Packard reported sales of $8,607 million and cost of goods sold of $5,138 million. Inventory at the beginning of the year was $537 million and at the end of the year it was $501 million. Calculate the average days' sales in inventory for the year. Present your answer to one decimal place. e.g. 20.0
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