Question

Consolidated Balance Sheets USD (S) S in Millions Dec. 31, 2016 Dec. 31, 2017 2 Current Assets 3 Cash and cash equivalents $15.512 $12,574 11,841 Marketable securities (Note 4) 4 8,313 Calculate Gross Recievables S Accounts and notes receivable (net of allowance of $278 for 2017 and S212 for 2016) 6 nventories (Note 6) 7 Equipment on operating leases, net (Note 7) 8 Other current assets (Note 4; Note 12 at VIES) 9 Current assets held for sale (Note 3) 8.164 8,700 10,663 2017 2016 1,106 1.110 "Review A Exhibit 6-3 4,465 3,63 11.178 10 Total current assets 11 Non current Assets 68,344 76,201 12 Equity in net assets of nonconsolidated affiliates (Note ) 13 Property, net (Note 9) 14 Goodwill and intangible assets, net (Note 11) 19,073 8,996 36.251 12,00 16,149 15 Equipment on operating leases, net (Note 7 Note 12 at VIES) 16 Deferred income taxes (Note 18) 42,882 23.544 34,342 33,172 17 Other assets (Note 4 Note 12 at VIES 18 Non-current assets held for sale (Note 3 14,929 3,375 19 Total non-current assets 143,738 145,487 20 Total Assets 212.482 221,690 21 Current iabilties 22 Accounts payable (principally trade) 23 Accrued liabilities (Note 3) 24 Current liabilities held for sale (Note 3) 25 Total curent liabilities 23.929 21,333 25.891 25,996 12.158 76.890 85.181 26 Non-current Liabilities 27 Postretirement benefits other than pensions (Note 16) 28 Pensions (Note 16) 5, 5,801 13,74 15.264 29 Other liabilities (Note 13 12,394 12.415 30 Non curent kabilities held for sale (Note 3) 2626

Answer 1

Odcross Receivable for 2016 - - $870048212=88912 Gues Receivable for 2017 - = $8164 +5278 - $8.4.42 23 Average receivable 2017 -opening Receivable + closing Receivable - $8700f8164 - $8432 ③ Account Receivable Turnover 2017 is a 2 Met credit sale Average Account Receivable = $145,588 $8432 c calculated above) - $ 7.27 6 Account receivable turnover day 2017= - 365 days Account seleivable Turnover ratio 365 Idays. 17.27 6 pays sale receivable for 2017 = - 365 days Account receivable turnover gatio 365 days - 21 days. 17.27 Day sales inventary 2017= - Ending Inventory/cost of goods sold X365- 910663 8 114869 a X365 days - 33.88 days.

overage inventary for 2017= opening inventary & closing Inventory - 811040 + 10 663 - 810,852. (8 Inventory turnover ratio for 2017= cost of goods sold Average inventory - $1148698 10.59 $10852 6 Inventary Turnover in days for 2017 - - 365 Inventory termover ratio - 365 10.59 -34.47 (10 vinging capital Ratiofor 2017= Current Assets carrent liabilities - $68,744 = 0.89 : 1 $ 76,850 1 carrent Ratio for 2017= - canent Assets current liabilities $ 68, 744 0.89 $76,850 1 To Acid Test Ratio for 2017 - Quick Assets 968 744 - $10,663 Quick Liability $76850 $11040 - 858081 $65810 = 0.88: 1

B cash Ratio for 2017 casht marketetable securities chirent liabilities. = $15512 +8.313 $76850 8283825 $ 76850 = 0.31 14 Average working capital for 2017 - Working capital current yeart working capital (बए पुरका 2 = ($68744 – 876850) + ($76203-85181) = – 8106+ - 8978 - 17084 - 8542 2 is sales to working capital 2017= - sales to Average working capital - $ 145,588 - - 17.04 - $8542