Diagram below shows the financial analysis of Hays Corporation & Debby Inc. for the year 2021:...

 

Transcribed Image Text:

Diagram below shows the financial analysis of Hays Corporation & Debby Inc. for the year 2021: Hays Corporation Current Ratio 2.34 Total Asset Turnover 2.44 Debt Ratio 39% Return on Asset 26.76% Return on Equity 35.56% Debby Inc. 1.90 2.20 58% 23.96% 42.79% Based on the diagram above, briefly interpret the findings for all the ratios below: a. Current Ratio [4] b. Total Asset Turnover [4] c. Debt Ratio [4] d. Return on Asset [4] e. Return on Equity [4] Diagram below shows the financial analysis of Hays Corporation & Debby Inc. for the year 2021: Hays Corporation Current Ratio 2.34 Total Asset Turnover 2.44 Debt Ratio 39% Return on Asset 26.76% Return on Equity 35.56% Debby Inc. 1.90 2.20 58% 23.96% 42.79% Based on the diagram above, briefly interpret the findings for all the ratios below: a. Current Ratio [4] b. Total Asset Turnover [4] c. Debt Ratio [4] d. Return on Asset [4] e. Return on Equity [4]

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Here are my interpretations of the financial ratios for Hays Corporation and Debby Inc based on the information provided a Current Ratio Ha... View the full answer