Question
You are given the following information Procter & Gamble Colgate-Palmolive Clorox Sales $86,500 $32,500 $18,860 Cost of goods sold 53,980 19,070 13,230 Accounts receivable 15,830
You are given the following information
| Procter & Gamble | Colgate-Palmolive | Clorox |
Sales | $86,500 | $32,500 | $18,860 |
Cost of goods sold | 53,980 | 19,070 | 13,230 |
Accounts receivable | 15,830 | 6,210 | 3,600 |
Inventory | 12,580 | 6,150 | 4,900 |
Total current assets | 36,700 | 15,720 | 10,540 |
Total current liabilities | 25,980 | 13,850 | 8,360 |
Total assets | 108,020 | 33,200 | 16,560 |
All dollar values are in thousands
Calculate each of the following ratios for all three companies: (1) current ratio (2) quick ratio (3) inventory turnover (4) accounts receivable turnover (5) total asset turnover (6) average age of inventory (7) average collection period
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