Question: current ratio, quick ratio,inventory turnover, average collection period, average payment period, average payment period, total asset turnover, debt ratio, time interest earned ratio, fixed payment





Integrative: Complete ratio analysis Given the following financial statements , historical ratios, and industry averages calculate Sterling Company's financial ratios for the most recent year. (Assume a 365-day year.) Analyze its overall financial situation from both a cross-sectional and a time-series viewpoint. Break your analysis into evaluations of the firm's liquidity, activity, debt, profitability, and market. The current ratio is (Round to two decimal places.) [a] The firm has an 8-year financial lease requiring annual beginning-of-year paym $ ints of $52,300. Five years of the lease have yet to run. [b] Annual credit purchases of $6,176,000 were made during the year. [c] The annual principal payment on the long-term debt is $120,000. [d] On December 31, 2022, the firm's common stock closed at \$39.26 per share
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