Liquidity and Efficiency (20 points) for Nike and SEARS Holding Corp.
1. Calculate Liquidity and Efficiency ratios – Using your companies’ financial statements, calculate the following ratios related to liquidity and efficiency for the past 3 years. Show the formulas used and the specific numbers used to calculate your ratios. Present this information in a user friendly format – again using a spreadsheet to put the information in a table is a good approach.
a. Current Ratio (ch 3)
b. Acid test ratio (ch 4)
c. Inventory turnover (ch 5)
d. Day Sales Outstanding (ch 6, 7)
Analyze results – Use your ratio results to evaluate what each ratio is telling you about the companies’ trends in liquidity and efficiency.
Compare to peer group – Discuss how your companies’ liquidity and efficiency compare to the average for your companies’ peer group.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more