Question

Income statement and balance sheet data for The Sports Shack are provided below.


Required:
1. Calculate the following risk ratios for 2015 and 2016.
Receivables turnover ratio ....Current ratio
Inventory turnover ratio ......Debt to equity ratio
2. Calculate the following profitability ratios for 2015 and 2016.
Gross profit ratio .... Profit margin
Return on assets .... Asset turnover
3. Based on the ratios calculated, determine whether overall risk and profitability improved from 2015 to2016.


$1.99
Sales0
Views85
Comments0
  • CreatedJuly 15, 2014
  • Files Included
Post your question
5000