Question: Please answer with all steps so I can better understand ! Preferably answered asap Calculate the following ratios for 2024 and 2023. (Round eamings per

Please answer with all steps so I can better understand ! Preferably answered asap
Calculate the following ratios for 2024 and 2023. (Round eamings per share, current ratio, acid-test ratio and asset turnover answers to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.5 or 1.5%. Use 365 days for calculation. Do not round intermediate calculations.) The comparative statements of Flint Interiors Ltd. are presented as follows: Additional information: 1. All sales were on account. 2. Weighted-average common shares in 2024 were 60,000 and in 2023 were 62,000 . Calculate the following ratios for 2024 and 2023. (Round eamings per share, current ratio, acid-test ratio and asset turnover answers to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.5 or 1.5%. Use 365 days for calculation. Do not round intermediate calculations.) The comparative statements of Flint Interiors Ltd. are presented as follows: Additional information: 1. All sales were on account. 2. Weighted-average common shares in 2024 were 60,000 and in 2023 were 62,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
