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Financial Analysis Case: Revlon The following information is form the 2016 financial statements of Revlon, the beauty products company Balance Sheet Information (in million of dollars) 2016 2015 2014 At December 31 $ 423.9 Accounts Receivable $244.9 $238.9 424.6 156.6 183.8 Inventories Accounts Payable 153.5 296.9 201.3 Income Statement Information (in million of dollars) For the year 2016 2015 2014 Sales (all credit) Cost of Goods Sold $1,914.3 $1,941.0 $2,334.0 667.8 917.1 668.3 Use Revlon's financial information to answer the following questions: a. What is Revlon's operating cycle (in days/) in 2016 and 2015? Comment on the change form year to year. b. What is Revlon's cash operating cycle (in dyads) in 2016 and 2015? Comment on the change form year to year. c. Use Revlon's financial information to compare the components of Revlon's operating cycle and cash operating cycle to L'Oreal's for 2016. The following table provides the amount for L'Oreal. In the end, each group prepares a PPT presentation file to answer all of the questions from question a to question c. In the note session of PPT file, list who is responsible for this page. If anyone is the coordinator of the your group, please also listed too. No Financial Analysis Case: Revlon The following information is form the 2016 financial statements of Revlon, the beauty products company Balance Sheet Information (in million of dollars) 2016 2015 2014 At December 31 $ 423.9 Accounts Receivable $244.9 $238.9 424.6 156.6 183.8 Inventories Accounts Payable 153.5 296.9 201.3 Income Statement Information (in million of dollars) For the year 2016 2015 2014 Sales (all credit) Cost of Goods Sold $1,914.3 $1,941.0 $2,334.0 667.8 917.1 668.3 Use Revlon's financial information to answer the following questions: a. What is Revlon's operating cycle (in days/) in 2016 and 2015? Comment on the change form year to year. b. What is Revlon's cash operating cycle (in dyads) in 2016 and 2015? Comment on the change form year to year. c. Use Revlon's financial information to compare the components of Revlon's operating cycle and cash operating cycle to L'Oreal's for 2016. The following table provides the amount for L'Oreal. In the end, each group prepares a PPT presentation file to answer all of the questions from question a to question c. In the note session of PPT file, list who is responsible for this page. If anyone is the coordinator of the your group, please also listed too. No

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