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Questions and Answers
What is the days in inventory for 2017?
What is the current ratio for 2017?
What is the change in inventory from 2016 to 2017?
What is the profit margin for 2017?
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What is the change in common stockholders’ equity from 2016 to 2017?
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Study Notes
Financial Metrics for 2017
- Days in Inventory for 2017 is a measure that indicates how many days, on average, inventory is held before being sold. It reflects inventory management efficiency.
- Current Ratio for 2017 represents a company’s ability to cover its short-term liabilities with its short-term assets, indicating liquidity and financial health.
- Change in Inventory from 2016 to 2017 highlights the difference in inventory levels year-over-year, illustrating trends in stock management or sales effectiveness.
- Profit Margin for 2017 is calculated by dividing net income by total revenue, showing the percentage of revenue that turns into profit and indicating overall profitability.
- Change in Common Stockholders’ Equity from 2016 to 2017 reveals the growth or decline in net asset value attributable to shareholders, reflecting company performance and retained earnings over the period.
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Description
Test your financial statement analysis skills with this case study quiz. Analyze the provided financial statement information for 2017 and 2016 to answer questions related to inventory, current assets, total assets, liabilities, stockholders' equity, net sales, and cost of goods sold.
