Question

Following is information from a firm’s financial statements:



Requirements
1. Calculate the following ratios for 2011 and 2010:
a. Current ratio
b. Accounts receivable turnover ratio
c. Debt- to- equity ratio
d. Profit margin ratio
e. Return on equity
f. Gross profit percentage
2. Suppose the changes from 2010 to 2011 in each of these ratios were consistent with the direction and size of the change for the past several years. For each ratio, explain what the trend in the ratio would indicate about thecompany.


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  • CreatedSeptember 01, 2014
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