Group A_AB217_04_Unit 3 Assignment

Group A_AB217_04_Unit 3 Assignment - Running head RATIOS 1...

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Running head: RATIOS 1 Disney Ratios Alicia Appling, Jessica Fox, Larry Jaramillo, Chaurisse Moran, Jennifer Ramos, Vashon Shepard Kaplan University
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RATIOS 2 If there is one company that has recognition across the world, it is Disney. Every child and every adult has a long lasting memory related to Disney and its’ products. Whether it is the infamous theme parks or unforgettable characters, people around the world can relate to the company. Like any other company, Disney has annual reports that can help investors and researchers get a closer look at the inner workings of the business. Using four different ratio categories show successes and opportunities of the company’s fiscal year. With these figures, future investors will choose whether to invest money in the company. The activity ratios show the potential investors how efficient the company is with sales and/or cash. Larry Jaramillo presented the following ratios: 2013 2014 2015 Inventory Turnover 4944/1487=3.32 5064/1574=3.22 5173/1571=3.29 Accounts Recievable Turnover 14109/6967=2.03 15176/7822=1.94 16758/8019=2.09 Total Asset Turnover 14109/81241=.17 15176/84186=.18 16758/88182=.19 Average collection Period 365/2.03=179.80 365/1.94=188.144 365/2.09=174.64 Inventory Turnover Cost of goods sold/inventory AR Turnover Sales/Accounts receivable Total Asset Turnover Sales/Total assets Average collection Period Accounts receivable/daily credit sales 365 days/AR turnover According to the calculations, there is no reason not to invest. Though there was a slight change in the inventory turnover, it does not warrant any fear in investing. Based on the reports and figures presented, there is not much information that would sway an investors opinion. Though
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