Analyze Sears Holding Corporation
Soars Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions):
December 31 | ||
Year 2 | Year 1 | |
Current assets | $6,045 | $5,863 |
Current liabilities | 5,438 | 5,595 |
a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. Round to two decimal places.
b. What conclusions concerning the company’s ability to meet its short-term obligations can you draw from part (a)?
Cornerstones of Financial Accounting
Accounting Information Systems
Financial & Managerial Accounting
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Probability and Statistics for Engineering and the Sciences
Brief Principles of Macroeconomics (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Foundations of Business (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Macroeconomics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Principles of Economics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Financial And Managerial Accounting
College Accounting, Chapters 1-27
Financial Accounting
Management, Loose-Leaf Version
Essentials of Economics (MindTap Course List)
Managerial Accounting: The Cornerstone of Business Decision-Making
Accounting Information Systems
Intermediate Accounting: Reporting And Analysis
MKTG 12:STUDENT ED.-TEXT
Contemporary Marketing
College Accounting (Book Only): A Career Approach
Financial Accounting
Financial & Managerial Accounting
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
Fundamentals of Financial Management (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Exploring Economics
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Pkg Acc Infor Systems MS VISIO CD
Principles of Macroeconomics (MindTap Course List)
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Corporate Financial Accounting
Survey of Accounting (Accounting I)
Practical Management Science
Purchasing and Supply Chain Management
Economics (MindTap Course List)
Microeconomics
Macroeconomics
Economics For Today
Cornerstones of Cost Management (Cornerstones Series)
Managerial Accounting
Microeconomics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)
MACROECONOMICS FOR TODAY
Macroeconomics: Private and Public Choice (MindTap Course List)
Principles of Microeconomics
Economics: Private and Public Choice (MindTap Course List)