Question: The following information is from gome wwwgomecomhk which is the

The following information is from GOME (, which is the leading chain retailer of consumer electronic products and household appliances in China.
1. For each year, compute the percentage that cash represents of current assets, total assets, current liabilities, and shareholders’ equity. Comment on any trends in these percentages.
2. Determine the percentage change between the current and prior year cash balances.
3. Compute the days’ sales uncollected at the end of both the current year and the prior year. Has the collection of receivables improved? Explain.

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  • CreatedMarch 18, 2015
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