kaplan MT482 unit 4 assignment
Question # 00045523
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Updated on: 01/31/2015 11:36 AM Due on: 01/31/2015
MT482: Financial Statement Analysis; the Campbell Soup Case 4-4 on page 272.
CASE 4–4
Analysis of Investing Activities
Campbell Soup
Refer to the annual report of Campbell Soup Company in Appendix A.
a. Compute Campbell Soup’s working capital at the end of Year 11.
b. Campbell Soup reports net receivables totaling over $527 million. To whom has it extended credit and how much bad debt reserve is provided against these receivables? What percentage of total receivables is considered uncollectible?
c. What cost flow assumption does Campbell Soup use for inventories? What is its inventory write-down policy?
d. The inventory turnover ratio (cost of goods sold/average inventory) is a measure of inventory management efficiency and effectiveness. Compute the inventory turnover ratio for Campbell Soup and comment on ways that it might improve the ratio.
e. How much is the LIFO reserve for Campbell Soup? What are the total tax benefits realized by Campbell Soup as of the end of fiscal Year.
CASE 4–4
Analysis of Investing Activities
Campbell Soup
Refer to the annual report of Campbell Soup Company in Appendix A.
a. Compute Campbell Soup’s working capital at the end of Year 11.
b. Campbell Soup reports net receivables totaling over $527 million. To whom has it extended credit and how much bad debt reserve is provided against these receivables? What percentage of total receivables is considered uncollectible?
c. What cost flow assumption does Campbell Soup use for inventories? What is its inventory write-down policy?
d. The inventory turnover ratio (cost of goods sold/average inventory) is a measure of inventory management efficiency and effectiveness. Compute the inventory turnover ratio for Campbell Soup and comment on ways that it might improve the ratio.
e. How much is the LIFO reserve for Campbell Soup? What are the total tax benefits realized by Campbell Soup as of the end of fiscal Year.
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Solution: kaplan MT482 unit 4 assignment