Identify Types of Receivables, Apply Inventory Costing Methods, and Calculate Asset Management Ratios

-ASSIGNED TRADED MANUFACTURER IS NESTLE

https://www.nestle.com/investors/publications- SEC 10-K

-PLEASE SHOW FORMULAS WITH FIGURES USED ALONG WITH ANSWERS

-PLEASE DO NOT USE CHATGPT AS ASSIGNMENTS ARE CHECKED AGAINST UNIVERSITY

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-Purpose

Using your publicly traded manufacturing company, you will identify types of receivables, apply inventory costing methods, and calculate asset management ratios.

Task

1. Use your selected publicly traded manufacturing company.
2. Identify the different types of receivables that the company has.
3. Apply the following inventory costing methods to the company’s inventory:FIFOLIFOWeighted average cost
4. Calculate the following asset management ratios for the company:Current ratioQuick ratioInventory turnover ratioTotal asset turnover ratio
5. Create an Excel spreadsheet to organize your data and calculations.
6. Write a report summarizing your findings.

Submission

Report Outline:

• Introduction
• Company overview
• Types of receivables
• Inventory costing method

s

• Asset management ratio

s

• Conclusion and recommendations

Excel Spreadsheet:

The Excel spreadsheet should include the following columns:

• Company name
• Type of receivable
• Amount

Inventory costing method

• Inventory value

Asset management ratio