FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 22

current liabilities of $ 2,190 . The 2015 balance sheet showed current assets of $ 5,180 and current liabilities of $ 2,830 . What was the company ’ s 2015 change in net working capital , or NWC ?
• Ch . 3 : Questions 4 & 7 ( Question and Problems section )
4 . Calculating Inventory Turnover [ LO2 ] The Green Corporation has ending inventory of $ 417,381 , and cost of goods sold for the year just ended was $ 4,682,715 . What is the inventory turnover ? The days ’ sales in inventory ? How long on average did a unit of inventory sit on the shelf before it was sold ?
7 . DuPont Identity [ LO4 ] If Roten Rooters , Inc ., has an equity multiplier of 1.15 , total asset turnover of 2.10 , and a profit margin of 6.1 percent , what is its ROE ?
Ch . 4 : Questions 1 & 6 ( Questions and Problems section ): Microsoft ® Excel ® template provided for Problem 6 .
1 . Pro Forma Statements [ LO1 ] Consider the following simplified financial statements for the Yoo Corporation ( assuming no income taxes ):