Balance Sheet Assignment | Homework Help Websites
SEC 10-K company:
Ross Stores; NASDAQ: ROST
I am choosing Ross Stores because I shop here frequently and looking into their financials should be interesting. I know that among their competition, Marshall’s and TJ Maxx they still post some strong sales.
https://www.sec.gov/Archives/edgar/data/745732/000074573218000004/rost-20180203x10k.htm
Using the SEC 10-K Balance Sheet for your company (listed above), answer the questions below:
I.What were total current assets?
II. What were total current liabilities?
III. What were total assets and total stockholder’s equity (deficit)?
IV. Calculate Working Capital (Current Assets – Current Liabilities = Working Capital) and describe how it changed by from last year.
V. Calculate the following ratios for the most recent year and comment on the results of your ratio analysis.
a. Current ratio
b. Accounts Receivable Turnover
c. Inventory Turnover