Question

Prince Clark Winery requested that you determine whether the company’s ability to pay its current liabilities and long-term debts improved or deteriorated during 2012. To answer this question, compute the following ratios for 2012 and 2011:
(a) Current ratio,
(b) Quick ratio,
(c) Debt ratio,
(d) Interest coverage ratio.
Round all ratios to two decimal places. Summarize the results of youranalysis.


$1.99
Sales0
Views67
Comments0
  • CreatedApril 29, 2014
  • Files Included
Post your question
5000