Question: Please answer. Financial Data company was established. They had a market value of $90 per share on December 31,2019 , and they were selling for
Please answer.




Financial Data company was established. They had a market value of $90 per share on December 31,2019 , and they were selling for $91.50 on December 31,2020 . The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31,2020 and 2019. (Click on the icon to view the financial data.) The current ratio for Hot Rolled Corporation on December 31, 2020, was A. 1.45 B. 0.80 C. 1.26 D. 0.67 The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31,2020 and 2019. (Click on the icon to view the financial data.) The inventory turnover for Hot Rolled Corporation for the year ended December 31, 2020, was A. 3.49 B. 3.61 C. 3.86 D. 4.00 The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31,2020 and 2019 : (Click on the icon to view the financial data.) Refer to the table above. The debt ratio for Hot Rolled Corporation on December 31, 2020, was A. 0.54 B. 87 C. 1.82 D. 0.55
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