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The following table gives abbreviated balance sheets and income statements for Walmart. Assume a tax rate of 35%. Calcul

Posted: Fri Mar 04, 2022 9:37 am
by answerhappygod
The following table gives abbreviated balance sheets and income
statements for Walmart.
Assume a tax rate of 35%. Calculate the following using
balance-sheet figures from the start of the year and Income
statement figures from the end of the year:
a. Calculate the return on
assets. (Enter your answer as a percent rounded to 2
decimal places.)
b. Calculate the operating profit
margin. (Enter your answer as a percent rounded to 2
decimal places.)
c. Calculate the sales-to-assets
ratio. (Round your answer to 2 decimal
places.)
d. Calculate the inventory
turnover. (Round your answer to 2 decimal
places.)
e. Calculate the debt-equity
ratio. (Round your answer to 4 decimal
places.)
f. Calculate the current
ratio. (Round your answer to 3 decimal
places.)
g. Calculate the quick
ratio. (Round your answer to 4 decimal
places.)