Accounting

EX 17-10

A

1 . XAVIER

Accounts Receivable Turnover ____ 28 ,000_____ 2 ,750 2 ,250 / 2

Accounts Receivable Turnover 11 .2

LESTRADE

Accounts Receivable Turnover ___ 65 ,000_______ 15 ,000 11 ,000 / 2

Accounts Receivable Turnover 5 .0

2 . XAVIER

Number of Days ' Sales in Receivables 365 DAYS

11 .2 32 DAYS

LESTRADE

Number of Days ' Sales in Receivables 365 DAYS

5 .0 73 DAYS

B ) After the computation , it is concluded that Xavier accounts receivable turnover which is 11 .2 on the higher side

as compare with Lestrade accounts receivable turnover which is 5 .0 . Moreover , Xavier and Lestrade Number of Days ' Sales in Receivables is 32 days and 73 days respectively and suggest that Xavier Number of Days ' Sales in Receivables is on the lower side as compare with Lestrade . It also reveals the fact that Xavier converted its accounts receivable into cash more quickly as compare with Lestrade . All in all , Xavier is going well

EX 17- 07

A

RATIOS Dec . 30 , 2006 Dec . 31 , 2005

Current Ratio Current Assets / Current Liabilities 9 ,130 /6 ,860 1 .3 10 ,454 /9 ,406 1 .1

Quick Ratio Quick Assets / Current Liabilities 6 ,547 /6 ,860 1 .0 8 ,143 /9 ,406 0 .9

B . In the year 2006 , Pepsi 's liquidity position is strong in comparison with the year 2005 in both ratios current and quick . It reveals and indicates the fact that Pepsi uses its resources in a meaningful manner and met all the short term obligations...