Question: I am not sure for exercise 4-7 and 4-8 did i answering correct for indicators. Can you check please 96 RED COMPANY Chapter 4-Homework Forms

I am not sure for exercise 4-7 and 4-8 did i answering correct for indicators. Can you check please  I am not sure for exercise 4-7 and 4-8 did i

96 RED COMPANY Chapter 4-Homework Forms Exercise 4-7 Fixed Asset Turnover Ratio (a driver of Efficiency) A. 1. Numerator line item: Net Sades 2. Denominator line item: awerase net 4ixad assets Amt: Beg Yrs 235 230 End Yr $ 2017 Fixed Asset Turnover Ratio 10.95 Times (show calculation below) 238,634 B. 2016 Fixed Asset Turnover Ratio 10.70 Times C. The Fixed Asset Turnover Ratio is a(n): (circle one tup-arrow indicator down-arrow indicator up-down-arrow indicator D. Which year had a better Fixed Asset Turnover Ratio (circle one) 201 Exercise 4-8 Debt % (an indicator of Leverage at year-end) A. 1. Schedule to calculate the numerator, Total Liabilities for 2017: 2016 $ 521 246 Total Current Liabilities S 5 Long-term debt, less current portion. 305 621 Deferred revenue .. Deferred income tax. Other long-term liabilities....227 1,726 3 76 Total Liabilities $ total assets $1,413127 2. Denominator line item: 2017 Debt %5262 Art. B. %(show calculation below) 2016 Debt% 60.27% C. The Debt % is a(n): (circle one) tup-arrow indicator down-arrowindicato up-down-arrow indicator D. Which year had more financial leverage? (circle one) 2017 2016

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