For 2015 and 2014 calculate:
Working Capital
Current Ratio
Quick ratio
Do I need to subtract the "Deferred income Taxes" to calculate these ratios?
Please explain the procedure, thank you!
Homework Answers
| 1) | Working Capital = Current Assets - Current Liabilities | |||
| 2015 | 2014 | |||
| =$15976-6334 | =$13696-5027 | |||
| $ 9,642 | $ 8,669 | |||
| 2) | ||||
| Current Ratio = Current Assets / Current Liabilities | ||||
| 2015 | 2014 | |||
| = $15976/6334 | = $13696/5027 | |||
| =2.52 times | =2.72 times | |||
| 3) | Quick Ratio = Quick Assets / Current Liabilities | |||
| 2015 | 2014 | |||
| = $9282/6334 | = $8576/5027 | |||
| =1.47 times | =1.71 times | |||
Add Answer to:
For 2015 and 2014 calculate:
Working Capital
Current Ratio
Quick ratio
Do I need to subtract...
Nike, Inc., Problem Financial Statement Analysis The financial statements for Nike, Inc., are presented in at...
Nike, Inc., Problem
Financial Statement Analysis The financial
statements for Nike, Inc., are presented in at the
end of the text. The following additional information is available
(in thousands):
Accounts receivable at May 31, 2013
$ 3,117
Inventories at May 31, 2013
3,484
Total assets at May 31, 2013
17,545
Stockholders' equity at May 31, 2013
11,081
Instructions
Determine the following measures for the fiscal years ended May
31, 2015, and May 31. (Round ratios and percentages to one decimal...
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2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days...
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2014 was $4,025:
a. Calculate the inventory turnover for 2016 and 2015. Round to
2 decimal places.
b. Calculate the days' sales in inventory for 2016 and 2015
using 365 days.
c. Is the change in the inventory turnover and the days' sales
in inventory form 2015 to 2016 favorable or unfavorable?
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I need help filling in these percentages.
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Nike, Inc., Problem
Financial Statement Analysis The financial
statements for Nike, Inc., are presented in at the
end of the text. The following additional information is available
(in thousands):
Accounts receivable at May 31, 2013
$ 3,117
Inventories at May 31, 2013
3,484
Total assets at May 31, 2013
17,545
Stockholders' equity at May 31, 2013
11,081
Instructions
Determine the following measures for the fiscal years ended May
31, 2015, and May 31. (Round ratios and percentages to one decimal...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
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Use the NIKE's financial statements, Appendix D in the text book
to answer the following questions. The ending balance of inventory
2014 was $4,025:
a. Calculate the inventory turnover for 2016 and 2015. Round to
2 decimal places.
b. Calculate the days' sales in inventory for 2016 and 2015
using 365 days.
c. Is the change in the inventory turnover and the days' sales
in inventory form 2015 to 2016 favorable or unfavorable?
D-4 Appendix D Selected Excerpts from Nike...
What financial statementents are needed?
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Reformulate Carrefour’s 2015 consolidated income statement
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and 2015 statement of cash flows (SCF)
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rate from 2014 to 2015, and from 2015 to 2016 (in percentages). All
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I need help filling in these percentages.
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