Accounts receivable and inventory turnover the following data (in millions) were adapted from recent financial statements of hp inc. (hpq) formerly hewlett-packard company. year 2 year 1 sales $103,355 $111,454 cost of goods sold 78,596 84,839 operating income 5,471 7,185 average accounts receivable 16,530 17,899 average inventory 6,450 6,231 1. compute the accounts receivable turnover for years 1 and 2. round to one decimal place. accounts receivable turnover year 2 year 1 2. compute the number of days' sales in receivables for years 1 and 2. assume there are 365 days in a year, and round to nearest day. number of days' sales in receivables year 2 days year 1 days 3. compute the inventory turnover for years 1 and 2. round to one decimal place. inventory turnover year 2 year 1 4. compute the number of days' sales in inventory for years 1 and 2. assume there are 365 days in a year, and round to nearest day. number of days' sales in inventory year 2 days year 1 days 5. compute the return on sales for years 1 and 2. round to one decimal place. return on sales year 2 % year 1 % 6. which two ratios remained the same from year 1 to year 2 for hewlett packard?

What is the connection between digital transformation and customer experience

Pettijohn inc. the balance sheet and income statement shown below are for pettijohn inc. note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. balance sheet (millions of $) assets 2016 cash and securities $ 1,554.0 accounts receivable 9,660.0 inventories 13,440.0 total current assets $24,654.0 net plant and equipment 17,346.0 total assets $42,000.0 liabilities and equity accounts payable $ 7,980.0 notes payable 5,880.0 accruals 4,620.0 total current liabilities $18,480.0 long-term bonds 10,920.0 total debt $29,400.0 common stock 3,360.0 retained earnings 9,240.0 total common equity $12,600.0 total liabilities and equity $42,000.0 income statement (millions of $) 2016 net sales $58,800.0 operating costs except depr'n $54,978.0 depreciation $ 1,029.0 earnings bef int and taxes (ebit) $ 2,793.0 less interest 1,050.0 earnings before taxes (ebt) $ 1,743.0 taxes $ 610.1 net income $ 1,133.0 other data: shares outstanding (millions) 175.00 common dividends $ 509.83 int rate on notes payable 1. what is the firm's current ratio? (points : 6) 0.97 1.08 1.20 1.33 2. what is the firm's quick ratio? (points : 6) 0.49 0.61 0.73 0.87 3. what is the firm's total assets turnover? (points : 6) 0.90 1.12 1.40 1.68 4. what is the firm's inventory turnover ratio? (points : 6) 4.38 4.59 4.82 5.06 5. what is the firm's debt ratio? (points : 6) 45.93% 51.03% 56.70% 70.00% 6. what is the firm's roa? (points : 6) 2.70% 2.97% 3.26% 3.59% 7. what is the firm's roe? (points : 6) 8.54% 8.99% 9.44% 9.91%

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget