use the EDGAR website to access the most recent 10-K annual report for a merchandising company of their choice. Examples include: Target, Home Depot, Walgreens, Best Buy, The Kroger Co or Walmart.

1. Asset Management Ratios Calculate the current and prior year ratios. (3 pts)

Ratio	Current	Prior
A/R Turnover Ratio
Supporting calculations (numerator / denominator)
Average Collection Days
Supporting calculations (numerator / denominator)
Inventory Turnover Ratio
Supporting calculations (numerator / denominator)
Average Sale Days
Supporting calculations (numerator / denominator)

Comment on what you learned about the company from the asset management ratios.