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What is the quick ratio for the year ending 10/31/2010? Use total net receivables. Also pay attention to the dates in the question. 0.870 0.638
What is the quick ratio for the year ending 10/31/2010? Use total net receivables. Also pay attention to the dates in the question.
0.870 |
0.638 |
0.592 |
1.046 |
None of the above. |
Toro Co. (The) (NYS: TTC) | |
Exchange rate used is that of the Year End reported date | |
As Reported Annual Balance Sheet | |
Report Date | 10/31/2010 |
Currency | USD |
Audit Status | Not Qualified |
Consolidated | Yes |
Scale | Thousands |
Cash & cash equivalents | 177,366 |
Customer receivables, gross | 132,182 |
Less: allowance for doubtful accounts | 3,828 |
Customers receivables, net | 128,354 |
Other receivables, net | 14,547 |
Total receivables, net | 142,901 |
Inventories, net | 194,402 |
Prepaid expenses & other current assets | 10,766 |
Deferred income taxes | 59,538 |
Total current assets | 584,973 |
Land & land improvements | 24,667 |
Buildings & leasehold improvements | 115,480 |
Machinery & equipment | 396,228 |
Computer hardware & software | 57,695 |
Property, plant & equipment, gross | 594,070 |
Less: accumulated depreciation | 420,663 |
Property, plant & equipment, net | 173,407 |
Deferred income taxes | 842 |
Other assets | 17,038 |
Goodwill | 86,400 |
Other intangible assets, net | 22,962 |
Total assets | 885,622 |
Current portion of long-term debt | 1,970 |
Short-term debt | 1,034 |
Accounts payable | 125,138 |
Other accrued liabilities | 48,902 |
Total current liabilities | 368,283 |
Debentures | 100,000 |
Senior notes | 123,358 |
Senior unsecured debt | - |
Other long-term debt | 2,190 |
Total long-term debt | 225,548 |
Less current portion | 1,970 |
Long-term debt, less current portion | 223,578 |
Deferred revenue | 10,944 |
Long-term deferred income taxes | - |
Other long-term liabilities | 7,007 |
Deferred revenue & other long-term liabilities | - |
Common stock | 31,395 |
Retained earnings (accumulated deficit) | 253,477 |
Accumulated comprehensive income (loss) | (9,062) |
Total stockholders' equity (deficit) | 275,810 |
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