Problem 11-14 Ratio analysis-comprehensive problem, 2014 data This problem is based on the 2014 annual report of Campbell Soup Company . Required:

Problem 11-14 Ratio analysis-comprehensive problem, 2014 data

This problem is based on the 2014 annual report of Campbell Soup Company.

Required:

a. Compute the following profitability measures for the year ended August 3, 2014 (Dividends declared were $1.248 per common share):

1. Price/earnings ratio. Use $41.96 as the year-end market price. (Round your answer to 1 decimal place.)

2. Dividend yield. Use $41.96 as the year-end market price. (Round your answer to 1 decimal place.)

c. Compute the following activity measures for the year ended August 3, 2014:

1. Number of days' sales in accounts receivable, based on a 365-day year. (Round your answer to 1 decimal place.)

2. Number of days' sales in inventory, based on a 365-day year.