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ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N

ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N
Transcribed Image Text:ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N
ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N
Transcribed Image Text:ST: Week 2 Choos X CengageNOWv2 | Assignm X CengageNOWv2 | Online te X a google - Search XC Analyze and compare Alph x+ cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSession Locator-assignment-take&i... eBook Analyze Sears Holding Corporation Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Current assets Current liabilities $6,045 Year 1 $5,863 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ X $ X < Current Ratio 1.11 1.05 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate? That the company's short-term debt-paying ability is under stress. Feedback Check My Work Working capital = current assets - current liabilities Current ratio = current assets + current liabilities Check My Work W Previous N
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