Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

Exercise 6

Calculate profitability measures using annual report data Using data from the financial statements of Campbell Soup Company in the appendix, calculate the following:
a. ROI for 2014. Round your percentage answer to one decimal place.
b. ROE for 2014. Round your percentage answer to one decimal place.
c. Working capital at August 3, 2014, and July 28, 2013.
d. Current ratio at August 3, 2014, and July 28, 2013. Round your answers to two decimal places.
e. Acid-test ratio at August 3, 2014, and July 28, 2013. Round your answers to two decimal places.
Note: Visit campbellsoup.com to update this problem with data from the most recent annual report.