ACCT 212 Lecture Notes - Lecture 19: Deferral, Authorised Capital, Current Liability

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25 Mar 2023
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Consolidated balance sheets (in thousands of u. s. dollars) Common stock, sh. 10 par value; 1,500,000 shares authorized; 470,424 shares issued; Consolidated statements of earnings (in millions of u. s. dollars) Kraft foods is also not very efficient, with inventory turnover of 7. 88 times, which is well below the industry average of 11. 15 times, and total asset turnover of . 79 times compared to an industry average of 1. 76 times. = cash + short-term investments + current receivables / current liabilities. = net sales / average accounts receivable, net. = cost of goods sold / average inventory. = accounts receivable, net / net sales * 365. = ending inventory / cost of goods sold *365. Kraft foods is also not very efficient, with inventory turnover of 7. 88 times, which is well below the industry average of 11. 15 times, and total asset turnover of . 79 times compared to an industry average of 1. 76. = income before interest expense and income taxes / interest expense.

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