ask #$2-$ Ratios:

Business Administration $285$ Assignment #$2$ Winter $2024$

For Save of Foods Inc., please calculate and explain the following ratios for $2024$ and $2025$:

$1)$ Current

$2)$ Debt as a $\%$ of Assets

$3)$ Equity as a $\%$ of Assets

$4)$ Grossmargin

$5)$ Profitmargin

$6)$ Inventory turnover

$7)$ Inventory turnover $-$ Day in inventory

$8)$ Accountsreceivableturnover

$9)$ Accounts receivable turnover $-$ Day in accounts receivable

Notes:

Account Value Notes

$202520242023$

Sales $-$ Cash basis

$120,000$

$115,000$

$110,000$

Customers pay SOF immediately with cash.

Sales $-$ On account

$5,000$

$3,000$

$2,000$

Customers are given $30$ days to pay SOF.

Sales $-$ Total $125,000118,000112,000$