The following information is from Samsung (www.Samsung.com), which is a leading manufacturer of consumer electronic products.

Required
1. For each year, compute the percentage (rounded to one decimal) that cash represents of current assets, total assets, current liabilities, and shareholders' equity. Comment on any trends in these percentages.
2. Determine the percentage change (rounded to one decimal) between the current and prior year cash balances.
3. Compute the days' sales uncollected (rounded to one decimal) at the end of both the current year and the prior year. Has the collection of receivables improved? Explain.

Transcribed Image Text:

W in millions Current Year Prior Year W 18,791,460 W 14,691,761 Cash 26,674,596 Accounts receivable 24,153,028 71,502,063 Current assets 87,269,017 Total assets 181,071,570 155,800,263 Current liabilities 46,933,052 44,319,014 Shareholders' equity .. 121,480,206 101,313,630 Net sales 201,103,613 165,001,771