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Determine the NLF, NSF and the liquidity ratio

Determine the NLF, NSF and the liquidity ratio for the FY ending on January 31st, 2004. Please show all work.

Use the following links for Staples:

http://finance.yahoo.com/q/is?s=SPLS&annual
http://finance.yahoo.com/q/bs?s=SPLS&annual
http://finance.yahoo.com/q/ks?s=SPLS

Solution Preview

Net Long Term Financing (NLF) = Long-Term Financing - Net Fixed Assets
= [Owners' Equity + Long-Term Debt] - (Property Plant and Equipment:Fixed Asset)
= 3,662,900 + 709,349 ...

$2.19