Is there an opportunity to squeeze more cash from any of these accounts?
Requirements for the Analysis section are to address the following questions (use a spreadsheet).1. What do the liquidity ratios—Current, Quick, and Cash-to-Sales—reveal about JCP’s financial position for the eight quarters spanning Q1 2011 to Q4 2012?2. What do the leverage ratios—Debt-to-Capital, Interest Coverage, and Cash-to-Debt—reveal about JCP’s financial position for the eight quarters spanning Q1 2011 to Q4 2012?3. How has JCP managed its working capital accounts over the past eight quarters? Is there an opportunity to squeeze more cash from any of these accounts?
