Explore BrainMass

Walgreens ratios 2010 and 2009; Robinson Inventory turnover

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Compute the financial ratios using the 2010 and 2009 data.

Inventories for Robinson Company are $500,000 for 2014 and $350,000 for 2013. Suppose the Robinson Company had a cost of goods sold of $1,000,000 in 2013 and $1,200,000 in 2014.
a. Calculate the inventory turnover for each year. Comment on your findings.
b. What would have been the amount of inventories in 2014 if the 2013 turnover ratio had been maintained?

Current ratio
Quick Ratio
Average Payment Period
Total Asset Turnover
Fixed Asset Turnover
Average Collection Period
Inventory Turnover
Total Debt to Total Assets
Equity Multiplier
Interest Coverage
Operating Profit Margin
Net Profit Margin
Operating Return on Assets
Return on Assets
Return on Equity

© BrainMass Inc. brainmass.com March 22, 2019, 3:34 am ad1c9bdddf

Solution Summary

Each ratio and supported schedules, shown in Excel, are attached for Robinson Company.