HW #2
Refer to the 2013 annual financial statements View in a new windowfor SEARS HOLDING CORPORATION. You should also read Item #7—Management’s Discussion and Analysis of Condition and Results of Operations” to complete this assignment.
1. Calculate the following ratios for 2011 and 2013:
a. Current ratio
b. Quick ratio
c. A/R days
d. Inventory turnover
e. Fixed asset turnover
f. Total asset turnover
g. Interest coverage ratio
h. Gross margin
i. Operating margin
j. Net profit margin
General questions:
