Financial information for American Eagle is presented in Appendix A at the end of the book. Required:

Question:

Financial information for American Eagle is presented in Appendix A at the end of the book.
Required:
1. Calculate the following risk ratios for the year ended January 31, 2015:
a. Receivables turnover ratio.
b. Average collection period.
c. .
d. Average days in inventory.
e. Current ratio.
f. Acid-test ratio.
g. Debt to equity ratio.
2. Calculate the following profitability ratios for the year ended January 31, 2015:
a. Gross profit ratio.
b. Return on assets.
c. Profit margin.
d. Asset turnover.
e. Return on equity
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...