Question
The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online.
The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online.
Refer to P&G's 2014 financial statements and the accompanying notes to answer the following questions.
Compute the following ratios for 2014:(Enter working capital in millions. Round acid-test ratio, current ratio, receivables turnover, inventory turnover, current cash debt coverage, cash debt coverage, debt to assets and time interest earned to 2 decimal places, e.g. 52.75 or 52.75%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Enter answers in millions.)
1.Working capital $ million
2.Acid-test ratio times
3.Current ratio times
4.Receivables turnover times
5.Inventory turnover times
6.Current cash debt coverage times
7.Cash debt coverage times
8.Debt to assetsratio
9.Time interest earned times
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