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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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