Pertinent Ratios:

$2023$

$2024$

Current ratio

$4\mathrm{.}1$:$1$

$2\mathrm{.}9$:$1$

Acid$-$test ratio

$0\mathrm{.}98$:$1$

$2\mathrm{.}45$:$1$

Asset turnover

$2\mathrm{.}9$ times

$4\mathrm{.}1$ times

Net income

up $35\%$

down $5\%$

Earnings per share

$$5\mathrm{.}13$

$$4\mathrm{.}25$

Checklist:

Explain what tools you would use to analyze the following data and why?

Discuss who would use this information.

Explain how liquid the company is$.$

Would you say the company is having issues with its liquidity?

Which data illustrates the firm's solvency?

Which data relates to the firm's going concern?

Discuss the usefulness as well as limitations of the data.

If you were an investor, would you invest in the company based on the above ratios?