Question: 1. please discuss company performance based on given ratios. 2. recommendation: buy, sell or hold? 3. Please provide reasoning for that recommendation 4. please provide

 1. please discuss company performance based on given ratios. 2. recommendation:
1. please discuss company performance based on given ratios.
2. recommendation: buy, sell or hold?
3. Please provide reasoning for that recommendation
4. please provide predictions based on analysis

\begin{tabular}{|l|l|l|l|l|} \hline & 2022 & Calculation & 2021 & Calculation \\ \hline Current ratio & 2.17 & 7266/3347 & 2.08 & 7342/3529 \\ \hline Quick ratio & 1.79 & (2191+3796)/3347 & 1.52 & (1792+3557)/3529 \\ \hline Inventory Turnover & & n/a & & n/a \\ \hline Total Asset Turnover & 1.09 & 19428/17852 & 1.04 & 18507/17852 \\ \hline Debt Ratio & 0.31 & (5543/17852) & 0.33 & (5861/17852) \\ \hline Times Interest Earned & 157.74 & 2997/19 & 313.11 & 2818/9 \\ \hline Gross Profit Margin & 35.93% & (6980/19428)100 & 37.29% & (6903/18507)100 \\ \hline Earnings per share & 4.42 & 2290/518 & 4.06 & 2137/527 \\ \hline Return on Equity & 18.60% & (2290/12309)100 & 17.82% & (2137/11991)100 \\ \hline & & & & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!