Question: For each ratio listed, Identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or

For each ratio listed, Identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or unfavorable. Ratio Change Prior Year 13 % 1. Profit margin 2. Debt ratio Current Year 14 % 52 % 39% 3. Gross margin 48 % 48 % 1.22 1.10 Favorable 6.4 7.2 Unfavorable 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield 1.30 S 1.12 6.4 6.2 5.4 % 5.2 %
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