# Question

Using the following financial statements for Eagle Company, compute the required ratios:

Financial Statement Analysis

Required

A. What is the rate of return on total assets for 2009?

B. What is the current ratio for 2009?

C. What is the quick (acid-test) ratio for 2009?

D. What is the profit margin for 2008?

E. What is the profit margin for 2009?

F. What is the inventory turnover for 2008?

G. What is the inventory turnover for 2009?

H. What is the rate of return on stockholders’ equity for 2008?

I. What is the rate of return on stockholders’ equity for 2009?

J. What is the debt-equity ratio for2009?

Financial Statement Analysis

Required

A. What is the rate of return on total assets for 2009?

B. What is the current ratio for 2009?

C. What is the quick (acid-test) ratio for 2009?

D. What is the profit margin for 2008?

E. What is the profit margin for 2009?

F. What is the inventory turnover for 2008?

G. What is the inventory turnover for 2009?

H. What is the rate of return on stockholders’ equity for 2008?

I. What is the rate of return on stockholders’ equity for 2009?

J. What is the debt-equity ratio for2009?

## Answer to relevant Questions

The 2009 financial statements for the Griffin Company are as follows:RequiredCompute the following ratios for the Griffin Company for the year ending December 31, 2009:A. Profit margin ratio (before interest and taxes)B. ...What does the debt-to-equity ratio tell about a company?“To prepare a statement of cash flows, all you have to do is compare the beginning and ending balances in cash on the balance sheet and compute the net inflow or outflow of cash.” Do you agree with this statement? Why or ...The account balances for the noncash current assets and current liabilities of Abraham Music Company are as follows:Other information for 2008:a. Abraham reported $375,000 in net income for 2008.b. The company declared and ...Which method for preparing the operating activities section of the statement of cash flows—the direct or the indirect method—provides the most information to users of the statement? Explain your answer.Post your question

0