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The following data for ABC Inc. applies to Questions 1-10 (4 points each). ($ millions) Year 1 Year 2 Year 3 Inventory Turnover 1.3 1.2
The following data for ABC Inc. applies to Questions 1-10 (4 points each).
($ millions) | Year 1 | Year 2 | Year 3 |
Inventory Turnover | 1.3 | 1.2 | 0.9 |
Days Sales Outstanding | 45 | 47 | 51 |
Total Assets ($mil) | 2,500 | 2,670 | 2,810 |
Total Liabilities ($mil) | 1,150 | 1,320 | 1,410 |
Net income ($ mil) | 98 | 110 | 135 |
Q1-6 here |
Fill in the following table (Questions 1-6):
| Year 3 Peer Average | Good/Poor vs. Peer | Good/Poor based on Trend |
Inventory Turnover | 1.1 | (1) | (2) |
Days Sales Outstanding | 55 | (3) | (4) |
Return on Equity | 12% | (5) | (6) |
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