Question: Based on the attached income statement and balance sheet statement, workout the following ratios as for the year 2014: (Show your work) 1. Quick ratio

Based on the attached income statement and balance sheet statement, workout

Based on the attached income statement and balance sheet statement, workout the following ratios as for the year 2014: (Show your work) 1. Quick ratio 2. Inventory turnover 3. Average payment period (assume purchase is equal to 70% of cost of goods sold) 4. Earring per share (EPS) Based on the attached income statement and balance sheet statement, workout the following ratios as for the year 2014: (Show your work) 1. Quick ratio 2. Inventory turnover 3. Average payment period (assume purchase is equal to 70% of cost of goods sold) 4. Earring per share (EPS)

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