Question: Comparative Income Statement Use the following comparative income statement form to enter amounts you identify from the computations on the Liquidity and Solvency Measures part
Comparative Income Statement
Use the following comparative income statement form to enter amounts you identify from the computations on the Liquidity and Solvency Measures part and on the Profitability Measures part. Compute any missing amounts and complete the horizontal analysiscolumns. Enter percentages as decimal amounts, rounded to one decimal place. When rounding, look only at the figure to the right of one decimal place. If






Mantery Problam Finandal Stotement Analyaic Higulery and sohnentr Measures Vresilian Motule 15 Memswork Mabih each ciroutation to one of the diroticabity measures in the cably Prefitability Measures Match each epripinatos fo one of the profiabley messura in that table. FCos tily for Changaraties teiame statemeat Comparative Inoeme stalement Comparative Incomat stathant Fer the Yeara Inded Decenber J1, doYs and aars Houa My wer Comparative income statement and if 5, round up. For example, for 32.048$ erter 32.0%. For 32.05s, enter 32.1%. Matrh each computation to one of the profitability measures in the table. Liquidity and Solvency Measures Computations Working capital Current ratio Quick ratio Accounts receivable turnover Number of days' sales in recelvables Inventory turnover Number of days' sales in inventory $3,093,000$900,000$3,093,000$900,000$1,866,000+$900,000 Ratio of fixed assets to long-term liabilities $2,690,000+$1,690,000 Ratio of liabilities to stockholders' equity $2,590,000$4,017,000 Times interest earned (5976,800+5127,000)+5127,000 Use the following balance sheet form to enter amounts you identify from the computations on the Liquidity and Solvency Measures part. You will identify other amounts for the bulance shoet on the two amounts, assuene the first amount in the ratio is for the end of the yeac, Compute any missing amounts
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