Question: 2017 2016 Current Ratio (Working Capital ) 5.78 5.18 Quick Ratio 4.90 4.60 A/R Turnover 5.91 5.53 Inventory Turnover 104.96 92.72 Gross margin 68% 66%
| 2017 | 2016 | ||||
| Current Ratio (Working Capital ) | 5.78 | 5.18 | |||
| Quick Ratio | 4.90 | 4.60 | |||
| A/R Turnover | 5.91 | 5.53 | |||
| Inventory Turnover | 104.96 | 92.72 | |||
| Gross margin | 68% | 66% | |||
| Return on Sales | 53% | 52% | |||
| Return on Equity | 9% | 6% | |||
| Return on Assets | 1% | 1% |
Compare ratio analysis to trends in financial ratios over time for illustrating their impact, providing examples to support your claims.
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