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  3. answers the following: 1. asset turnover ratio: 2.

Answers the following: 1. asset turnover ratio: 2. Receivable turnover ratio 3. inventory turnover ratio...

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Accounting

imageimageimageimageimageimageAnswers the following:

1. asset turnover ratio:

2. Receivable turnover ratio

3. inventory turnover ratio

4. average days in inventory

5. profit margins on sales

6. Return on assets

7. Return on shareholder's equity

With Supporting calculation please!!

FEDEX CORPORATION CONSOLIDATED BALANCE SHEETS IN MILLIONS) May 31. 2018 2017 ASSETS CURRENT ASSETS 3,265 $ Cash and cash equivalents Recevables, less allowances of $401 and S252 Spare parts, supplies and fuel, less allowances of S268 and $237 Prepaid expenses and other 8,481 525 1,070 13,341 3,969 7,599 514 546 12,628 Total current asscts PROPERTY AND EQUIPMENT, AT COST Aircraft and related equipment Package handling and ground support equipment Information technology Vehicles Facilities and other 20,749 9,727 5,794 7,708 11,143 55,121 26,967 28,154 18,833 8.989 5,396 6,961 10,447 50.626 24,645 25,981 Less accumulated depreciation and amortization Net property and OTHER LONG-TERM ASSETS 6,973 3,862 10,835 7.154 2,789 9,943 48,552 Goodwil Other assets Total other long-term assets 52,330$

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