Question: Financial statements for Askew Industries for 2011 are shown bel

Financial statements for Askew Industries for 2011 are shown below:

Required:
Calculate the following ratios for 2011.
1. Inventory turnover ratio
2. Average days in inventory
3. Receivables turnover ratio
4. Average collection period
5. Asset turnover ratio
6. Profit margin on sales
7. Return on assets
8. Return on shareholders' equity
9. Equity multiplier
10. Return on shareholders' equity (using the DuPont framework)


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  • CreatedJune 24, 2013
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