The following information relates to Harris Corporation.
|Net sales (all credit)|
|Cost of goods sold|
|Income from operations|
|Accounts receivable, net|
|Total current assets|
|Total long-term assets|
|Total current liabilities|
|Total long-term liabilities|
|Common stock, no par,|
3,000 shares, value $50/share
a. What is the acid-test ratio for the current year?
b. What is the inventory turnover for the current year?
c. What is days’ sales in receivables for the current year?
d. What is the book value per share of common stock for the current year?
e. What is the price-earnings ratio for the current year?
f. What is the rate of return on total assets for the current year?
g. What is the times-interest-earned ratio for the current year?
h. What is the current ratio for the current year?