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Sagot :
Answer:
a1: January 31, 2016 Current ratio 1.357
February 1, 2015 1.358
a2: Quick ratio January 31, 2016 0.414
February 1, 2015 0.375
a3: Working capital January 31, 2016 4,467
February 1, 2015 4,033.
a4: % change in working capital in 2016 10.76%
% change in working capital in 2015 -10.97%
a5: % change in cash and cash equivalents in 2016 28.61%
% change in cash and cash equivalents in 2015 -10.68%
Explanation:
a1. Computation for Current ratio using this formula
Current ratio = current assets/current liabilities.
Let plug in the formula
Ratio for fiscal year ending January 31, 2016 = 16993/12526
Ratio for fiscal year ending January 31, 2016 = = 1.357
Ratio for the fiscal year ending February 1, 2015 = 15302/11269
Ratio for the fiscal year ending February 1, 2015 = 1.358
a2. Computation for Quick ratio using this formula
Quick ratio = (Total current assets – inventory – prepaid expenses)/current liabilities.
Let plug in the formula
Ratio for fiscal year ending January 31, 2016 = (16993-11809)/12526
Ratio for fiscal year ending January 31, 2016= 0.414
Ratio for the fiscal year ending February 1, 2015 = (15302-11079)/11269
Ratio for the fiscal year ending February 1, 2015 = 0.375
a3. Computation for Working capital using this formula
Working capital = current assets – current liabilities
Let plug in the formula
Working capital for fiscal year ending January 31, 2016 = 16993-12526
Working capital for fiscal year ending January 31, 2016= 4,467.
Working capital for the fiscal year ending February 1, 2015 = 15302-11269
Working capital for the fiscal year ending February 1, 2015= 4,033.
a4. Computation for % change in working capital in 2016 from prior year
% change in working capital in 2016 from prior year = (4467-4033)/4033
% change in working capital in 2016 from prior year = 10.76%
% change in working capital in 2015 from prior year = (4033-4530)/4530
% change in working capital in 2015 from prior year = -10.97%
a5. Computation for % change in cash and cash equivalents in 2016 from prior year
% change in cash and cash equivalents in 2016 from prior year= (2216-1723)/1723
% change in cash and cash equivalents in 2016 from prior year= 28.61%
% change in cash and cash equivalents in 2015 from prior year = (1723-1929)/1929
% change in cash and cash equivalents in 2015 from prior year= -10.68%
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