Question: ASSESS YOUR PROGRESS LEARNIN Evaluate t current ra deteriorating? Black Corporation B D E 1 2 Years Ended December 31 2020 2019 2018 3 (dollar
ASSESS YOUR PROGRESS LEARNIN Evaluate t current ra deteriorating? Black Corporation B D E 1 2 Years Ended December 31 2020 2019 2018 3 (dollar amounts in millions) 5 Operating results 6 Net earnings 7 Per common share 8 Operating income 9 Operating margin 10 Gross profit percentage 11 Return on net assets 12 Return on shareholders' equity 13 Interest coverage 14 Financial position 15 Working capital 16 Current assets 17 Current liabilities $ 769 $ 675 $ 656 $ 2.73 $ 2.43 $ 2.39 1,312 $1,239 $ 1,205 4.4% 4.4% 3.9% 22.2% 22.4% 23.4% 12% 12% 12% 13.2% 12.6% 10.9% 4.2 times 4.2 times 4.2 times $ 1,744 $6,462 $ 4,718 $ 1,061 $ 6,092 $ 5,031 $ 972 $ 5,995 $ 5,023 18 balance sheet data below. 31, 2020 and 2019. 2510-5 Examine the financial data of Black Corporation. Show how to compute Black's current ratio from 2018 to 2020. Is the company's ability to pay its current liabilities improving or 4 Consolidated Financial Measures and Ratios
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