You will be working with the Income Statement and Balance Sheet of Dell Technologies, Inc.Determine the cash conversion cycle for Dell technology for the years 2020-2021 Efficiency RatiosCurrent assets:Cash and cash equivalentsCONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions Jan. 29, 2021 Jan. 31, 2020 Feb. 1, 2019Accounts receivable, net of allowance of $104 and $94 (Note 20)Short-term financing receivables, net of allowance of $228 and $109 (Note 4)InventoriesOther current assetsTotal current assetsDell - Balance SheetProperty, plant, and equipment, netLong-term investmentsLong-term financing receivables, net of allowance of $93 and $40 (Note 4)GoodwillIntangible assets, netOther non-current assetsTotal assetsCurrent liabilities:Short-term debtAccounts payableAccrued and otherShort-term deferred revenueTotal current liabilitiesLong-term debtLong-term deferred revenueOther non-current liabilitiesTotal liabilitiesCommitments and contingencies (Note 10)Redeemable shares (Note 17)Stockholders' equity (deficit):Common stock and capital in excess of $0.01 par value (Note 14)Treasury stock at costDell - Income StatementAccumulated deficitAccumulated other comprehensive lossTotal Dell Technologies Inc. stockholders' equity (deficit)Non-controlling interestsTotal stockholders' equityTotal liabilities, redeemable shares, and stockholders' equity$ 14,20112,7885,1553,4028,02143,5676,4311,6245,33940,82914,42911,196123,4156,36221,6969,54916,52554,13241,62214,2765,360115,39047216,849(305)(13,751)(314)2,4795,0747,553$ 123,415$ 9,30212,4844,8953,2816,90636,8686,0558644,84841,69118,10710,428118,8617,73720,0659,77314,88152,45644,31912,9195,383115,07762916,091(65)(16,891)(709)(1,574)4,7293,155$ 118,86112,3713,64919,21320212020Average Average12,6363,34212,4283,46520,881 19,639 Efficiency RatiosCONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in MillionsNet revenue:Total net revenueCost of net revenue:Total cost of net revenueGross marginOperating expenses:Selling, general, and administrativeResearch and developmentTotal operating expensesOperating income (loss)Interest and other, netDell - Balance SheetIncome (loss) before income taxesIncome tax expense (benefit)Net incomeLess: Net income (loss) attributable to non-controlling interestsNet income (loss) attributable to Dell Technologies Inc.Earnings (loss) per share attributable to Dell Technologies Inc. - basic:Earnings (loss) per share - basic (in dollars per share)Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:Earnings (loss) per share - diluted (in dollars per share)Class V Common StockOperating expenses:Net income (loss) attributable to Dell Technologies Inc.Earnings (loss) per share attributable to Dell Technologies Inc. - basic:Earnings (loss) per share - basic (in dollars per share)Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:Earnings (loss) per share - diluted (in dollars per share)DHI GroupOperating expenses:Net income (loss) attributable to Dell Technologies Inc.Earnings (loss) per share attributable to Dell Technologies Inc. - basic:Earnings (loss) per share - basic (in dollars per share)Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:Earnings (loss) per share - diluted (in dollars per share)ProductsNet revenue:Total net revenueCost of net revenue:Total cost of net revenueServicesNet revenue:Total net revenueCost of net revenue:Total cost of net revenueDell - Income Statement12 Months EndedJan. 29, 2021 Jan. 31, 2020 Feb. 01, 2019$94,22464,80729,41718,9985,27524,2735,144(1,474)3,6701653,505255$3,250$4.37$ 4.22$ 69,91155,34724,313$ 9,460$ 92,15463,22128,93321,3194,99226,3112,622(2,626)(4)(5,533)5,529913$ 4,616$6.38$6.03$ 69,91854,52522,236$ 8,696$ 90,62165,56825,05320,6404,60425,244(191)(2,170)(2,361)(180)(2,181)129(2,310)$ 1,195$6.01$5.91$ (3,505)$ (6.02)$ (6.04)$ 70,70757,88919,914$ 7,679

The cash conversion cycle (CCC) is the measure to determine the amount of time required in order to…

Answered: You will be working with the Income…

You will be working with the Income Statement and Balance Sheet of Dell Technologies, Inc. Determine the cash conversion cycle for Dell technology for the years 2020-2021

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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