2. Quick Ratio: a. Calculate the Quick Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? 3. Debt (Liabilities) to Asset Ratio: a. Calculate the Debt to Asset Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? 4. Debt (Liabilities) to Worth (Equity) Ratio: a. Calculate the Debt to Worth Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? Table 4-7 Moderately Large Corporation Consolidated Statement of Earnings Consolidated Statement of Earnings 5. Calculate the Net Profit (Net Earnings) on Sales (Net Revenues) Ratio for all three years. What does this ratio tell you? What does the TREND tell you? Table 4-4 Moderately Large Corporation Consolidated Balance Sheet For Moderately Large Corporation, calculate the following ratios for both 2012 and 2013. Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year. 1. Current Ratio: a. Calculate the Current Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? 2. Quick Ratio: a. Calculate the Quick Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? 3. Debt (Liabilities) to Asset Ratio: a. Calculate the Debt to Asset Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? 4. Debt (Liabilities) to Worth (Equity) Ratio: a. Calculate the Debt to Worth Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment? Table 4-7 Moderately Large Corporation Consolidated Statement of Earnings Consolidated Statement of Earnings 5. Calculate the Net Profit (Net Earnings) on Sales (Net Revenues) Ratio for all three years. What does this ratio tell you? What does the TREND tell you? Table 4-4 Moderately Large Corporation Consolidated Balance Sheet For Moderately Large Corporation, calculate the following ratios for both 2012 and 2013. Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year. 1. Current Ratio: a. Calculate the Current Ratio for each year b. What does this ratio mean? c. When comparing year over year, what is your assessment