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
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 1. Profit margin 2. Debt ratio 3. Gross margin 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield Current Year Prior Year 9 % 8 % 47 % 42 % 34 % 46 % $ 1.00 5.5 1.25 3.6 2.0 % 1.15 6.7 $ 1.10 3.4 1.2 % Change
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1 Profit Margin Current Year 9 Prior Year 8 Change 9 8 1 Change is usually regarded as favorable as ... View full answer
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