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Pages:
1 page/β‰ˆ275 words
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Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Coursework
Language:
English (U.S.)
Document:
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Date:
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Topic:

Analyzing Current Assets for Decision Making

Coursework Instructions:

Using the first letter of your last name, answer the question below for which the letter of your name falls in the range. Use your own words to summarize the information from the textbook. Provide proper citations for sources used, including the textbook. Review the resources provided to assist with completion.
A – M: Calculate the accounts receivable turnover and the average collection period ratio for The Coca-Cola Company for the most current year presented. Explain what the results indicate about the company. Summarize how well Coca-Cola is collecting on its receivables based upon the type(s) of products it sells and the industry in which it competes. Justify your speculation by using supporting facts from the income statement, balance sheet, or other resources.
N – Z: Calculate the accounts receivable turnover and the average collection period ratios for PepsiCo for the most current year presented. Explain what the results indicate about the company. Summarize how well PepsiCo is collecting on its receivables based upon the type(s) of products it sells and the industry in which it competes. Justify your speculation by using supporting facts from the income statement, balance sheet, or other resources. https://investors(dot)coca-co. https://www(dot)pepsico(dot)co. My last name starts with an A

Coursework Sample Content Preview:

Analyzing Current Assets for Decision Making
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Analyzing Current Assets for Decision Making
The accounts receivable turnover ratio (ARTR) is used to determine how effective a company is in collecting the money owed to it by its customers. According to Murphy (2021), ARTR shows how a firm can manage the credit it offers to its clients and how fast that debt is collected from the clients. The ARTR is calculated by adding the ending and beginning accounts then the total is divided by two to find the average accounts receivable for the given period. The average accounts receivable is then divided into the net credit sales for the year to get the average accounts receivable turnover. The receivable turnover for Coca-Cola Company is calculated by dividing the net operating revenues by the trade accounts receivables, minus allowances.
Receivable’s turnover = Net operating revenues ÷ trade accounts receivables, minus allowances.
= 33,014 ÷ 3144
=10.50
From the Coca-Cola website, the company’s accounts receivables turnover ratio is 10.50, which has improved from the ARTR of 2018 to 2019. This signifies that Coca-Cola recovers its receivables 10.50 times over the period of one year. According to CSImarket.com (2021), the average ARTR in no...
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