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In: Finance

Listed below are portions of the financial statements for MS Park Inc.   Balance Sheet Jan 1...

Listed below are portions of the financial statements for MS Park Inc.  

Balance Sheet

Jan 1

Dec 31

Inventory

2 1,7 3 1

2 3,8 8 5

Account Receivables

1 6,4 7 8

1 7,4 6 6

Account Payables

1 9,2 3 1

2 0,8 4 5

Income Statement

For period ended Dec 31

Revenue

2 7 0,4 8 0

COGS

2 0 7,2 0 4

Net Operating Income

6 3,2 7 6

Complete the following Table for MS Park & provide a brief statement on their short term financial position:

Inventory Turnover

Inventory Period

Receivable Turnover

Receivable Period

Operating Cycle

Payable Turnover

Payables Period

Cash Cycle

Solutions

Expert Solution

MS Park Inc. has a good control over the receivables. But they will have to manage their inventory period and payable period more efficiently. Early payment can help them get discounts on payables. Data of more than a year or that of a competitor is required for more accurate analysis.

jeff jeffy answered 1 year ago
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