Current Attempt in Progress Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data (in millions of dollars) for a recent year follow. Cash and cash equivalents Receivables (net) Merchandise inventory Other current assets Total current assets Total current liabilities (a) Beginning of Year $415 1,940 1,245 320 $3,920 $1,750 End of Year $85 1,910 980 310 $3,285 $1,500 Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current ratio to 2 decimal places, e.g. 15.25:1. Enter dollar amounts in millions.) B

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Complete the balance sheet and sales information using the following financial data  Total assets turnover: 1.5 X Days sales outstanding: 36.5 days (Calculation is based on a 365-day year) Inventory turnover ratio: 5 X Fixed assets turnover: 3.0 X Current ratio: 2.0 X Gross profit margin on sales: (Sales - Cost of goods sold) ∕ Sales = 25% Cash ------------ Current Liabilities   -------- Accounts Receivables ------------ Long Term Liabilities 60000 Inventories ------------ Common Stock   -------- Fixed Assets ------------ Retained Earnings 97500 Total Assets 300000 Total Liabilities and Equity  --------- Sales   Cost of goods sold  --------- Interpret the current ratio, total assets turnover ratio, inventory turnover ratio and profit margin on sales.

Compute the following ratios and measurement for 2020 a. cash flow from operations to current liabilities b. inventory turnover c. rate of gross profit on sales

Forecasted Statements and Ratios Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain of retail stores, and has a staff to advise customers and help them set up their new computers. Upton's balance sheet as of December 31, 2019, is shown here (millions of dollars): Cash $   3.5   Accounts payable $   9.0 Receivables 26.0   Notes payable 18.0 Inventories 58.0   Line of credit 0  Total current assets $ 87.5   Accruals 8.5 Net fixed assets 35.0    Total current liabilities $ 35.5       Mortgage loan 6.0       Common stock 15.0       Retained earnings 66.0  Total assets $122.5    Total liabilities and equity $122.5 Sales for 2019 were $425 million and net income for the year was $12.75 million, so the firm's profit margin was 3.0%. Upton paid dividends of $5.1 million to common stockholders, so its payout ratio was 40%. Its tax rate was 25%, and it operated at full capacity. Assume that all…

Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2025 are presented below. Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities Current ratio. Current ratio End of Year Accounts receivable turnover Average collection period Inventory turnover $740 Days in inventory 1,980 eTextbook and Media 900 Save for Later 310 $3,930 For the year, net credit sales were $8,258 million, cost of goods sold was $5,328 million, and net cash provided by operating activities was $1,251 million. $1.990 Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Beginning of Year $77 1,830 For the year, net credit sales were $8,258…

please anwer all the questions i have mentioned below : - A company has the following items for the fiscal year 2020: Cash = 2 million Marketable securities = 3 million Account receivables (A/R) = 1.5 million Inventories = 8.5 million Total current liabilities = 8 million Calculate the company’s current ratio and quick ratio 2. Write the formula for the following ratios and what each ratio measures: Asset turnover Inventory Turnover and Days Inventory Receivable Collection Period 3. Write down the DuPont framework. How would you explain to your non-MBA non-Finance friend about the      DuPont framework and why it is important?

A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.)       SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) Cash $433 29 % Current Liabilities $409 27 % Accounts Receivable 294 19   Long-term Liabilities 495 33   Inventory 206 14   Total Liabilities 904     Other Current Assets 109     Common Stock 118     Property and Equipment 27 2   Retained Earnings 492 32   Other Assets 445 29   Total Stockholders’ Equity 610     Total Assets $1,514 100 % Total Liabilities & Stockholders’ Equity $1,514 100 %   2A. What percentage of Simultech’s total assets relate to inventory? (Round your answer to the nearest whole percent.) 2B. What percentage of Simultech’s total assets relate to property…

Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below.     End of Year   Beginning of Year Cash and cash equivalents     $ 1,289       $ 126   Accounts receivable (net)     3,600       3,400   Inventory     1,600       1,600   Other current assets     571       531   Total current assets     $7,060       $5,657   Total current liabilities     $3,530       $2,802   For the year, net credit sales were $14,350 million, cost of goods sold was $9,280 million, and net cash provided by operating activities was $1,256 million.Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year. (Round Current ratio to 2 decimal places, e.g. 1.62 and all other answers to 1 decimal place, e.g. 1.6.) Current ratio   enter the ratio rounded to 2 decimal places  :1 Accounts…

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