Question: Indicate whether the change from the Prior Year to the Current Year is typically considered favorable or unfavorable for each of the following ratios.

Indicate whether the change from the Prior Year to the Current Year

Indicate whether the change from the Prior Year to the Current Year is typically considered favorable or unfavorable for each of the following ratios. Profit margin Ratio Current Year Prior Year Change 18% 14 Favorable Gross margin 411% 50 Unfavorable Acid-test ratio 1.30 1.33 Accounts receivable turnover 4.3 58 Basic earnings per share 1.30 5 Inventory turnover 5.4 52

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Indicate whether the change from the Prior Year to the Current Year is typically considered favorable or unfavorable for each of the following ratios

Indicate whether the change from the Prior Year to the Current Year is typically considered favorable or unfavorable for each of the following ratios.

Indicate whether the change from the Prior Year to the Current Year is typically considered favorable or unfavorable for each of the following ratios

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