Question: please answer part a b c and d Procter & Gamble Sales $65,238 32,964 Cost of goods sold Receivable 4,725 Inventory 4,790 Total current assets

Procter & Gamble Sales $65,238 32,964 Cost of goods sold Receivable 4,725 Inventory 4,790 Total current assets 25,585 Total current liabilities 28,895 Total assets 117,044 (Note: All dollar values are in thousands.) Colgate-Palmolive $15,198 6,078 1,403 1,177 4,345 3,290 12,124 Clorox $5,875 3,224 515 506 1,556 2,038 4,575 Interpreting liquidity and activity ratios The table, shows key financial data for three firms that compete in the consumer products market: Procter & Gamble, Colgate-Palmolive, and Clorox. a. Calculate each of the following ratios for all three companies: current ratio, quick ratio, inventory turnover, average collection period, total asset turnover. b. What company is in the position of having greatest liquidity? c. Would you say that the three companies exhibit similar performance or quite different performance in terms of collecting receivables? Why do you think that might be? d. Which company has the most rapid inventory turnover? Which company appears to be least officient in terms of total asset tumover? Are your answers to those questions a little surprising? If a company is best at inventory turnover and worst at total asset turnover, what do you think that means? a. For the three companies, the current ratios are: (Round to three decimal places.) Procter and Gamble Colgate-Palmolive Clorox Current ratio
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