Quickbooks 2015 is installed on this computer evg.cengagenow com/ilrrvtakeA eAssignment do?inwoke… Assignment Help


Show transcribed image text Quickbooks 2015 is installed on this computer evg.cengagenow com/ilrrvtakeA eAssignment do?inwoker-assignmentssakese signment assig merit take sessionLocator Main Financial statement Analysis The financial statements for Nka, Int., are available at the Append above. The following additionainformatien lin maons) is avalable: Accounts receivable at May 31, 2008: $2,8s4 nventories at May 31, 2008: 2,357 Total assets at May 31. 2008: 13,249 stockholders’ equity at May 31, 2008: 8.693 Determine the following measures for the fiscal years ended 2011 (fiscal 2010) and other final answers to one decimal place. When reauired, use the rounded fina in subsequent computations Fiscal Year Quick rat d. Accounts receivable turnover Number of days’ sales in receivables g. Number of days’ sales in inventory Ratio of abilities to stockholders’ equity Ratio of net sales to assets Rate earned on total assets, assuming interest expense is $4 millon for the year ending May 31, 2011, and s6 million for the year endng May 31, 2010 k. Rate earned on common stockholders’ equity l, Price-earnings ratio, assuming that the market price was $75.00 per share on May 31, 2011, and $73,50 per share on May 31, 2010 m. percentage relationship net income to net sales of Nike, Inc.

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