Question: 1 . Compute the following ratios for 2 0 2 4 and 2 0 2 3 : a . Current ratio b . Cash ratio
Compute the following ratios for and :
a
Current ratio
b
Cash ratio
c
Timesinterestearned ratio
d
Inventory turnover
e
Gross profit percentage
f
Debt to equity ratio
g
Rate of return on common stockholders' equity
h
Earnings per share of common stock
i
Priceearnings ratio
Decidea whether Canfields ability to pay debts and to sell inventory improved or deteriorated during andb whether the investment attractiveness of its common stock appears to have increased or decreased.
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