Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 9.00

Oracle Corporation

4.16     CALCULATING AND INTERPRETING ACCOUNTS RECEIVABLE TURNOVER RATIOS. Microsoft Corporation (Microsoft) and Oracle Corporation (Oracle) engage in the design, manufacture, and sale of computer software. Microsoft sells and licenses a wide range of systems and application software to businesses, computer hardware manufacturers, and consumer retailers. Oracle sells software for information management almost exclusively to businesses. Exhibit 4.22 presents selected data for the two firms for 2006–2008.

Required

a.    Calculate the accounts receivable turnover ratio for Microsoft and Oracle for 2006, 2007, and 2008.

b.   Suggest possible reasons for the differences in the accounts receivable turnovers of Microsoft and Oracle during the three-year period.

c.    Suggest possible reasons for the changes in the accounts receivable turnover for the two firms over the three-year period.

 

 

 

 

Macy’s

Home Depot

Supervalu

Sales

$24,892

$71,288

$44,564

Cost of Goods Sold

15,009

47,298

34,451

Interest Expense

588

624

633

Net Income

(4,803)

2,260

(2,855)

Average Inventory

4,915

11,202

2,743

Average Fixed Assets

10,717

26,855

7,531

Average Total Assets

24,967

42,744

19,333

 

 

 

 

 

2008

2007

2006

Microsoft

Sales

 

$58,437

 

$60,420

 

$51,122

Average Accounts Receivable

12,391

12,464

10,327

Change in Sales from Previous Year

-3.3%

+18.2%

+15.5%

Oracle

Sales

 

$23,252

 

$22,430

 

$17,996

Average Accounts Receivable

Change in Sales from Previous Year

4,430

+3.7%

5,799

+24.6%

4,589

+25.2%

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 01:09 PM My Price 9.00

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