Question: please do the following QUESTION 7 (11 Marks) Presented below is selected Financial information for Global Limited: Ratios 2020 2019 2018 Industry Average 8.6 Current
QUESTION 7 (11 Marks) Presented below is selected Financial information for Global Limited: Ratios 2020 2019 2018 Industry Average 8.6 Current Ratio Acid-Test Ratio Inventory Turnover Accounts Receivable Turnover Days Sale in receivables Debt Ratio Times Interest Earned Rate of return on Net Sales Rate of return on Total Assets Rate of Return on Common Shares' Equity Earnings per Share Price/Earnings Ratio Dividend Yield Book value per share of Common Stock 2.72 2.62 2.57 2.48 1.78 1.61 1.46 1.42 6.8 7.1 7.3 7.3 7.4 8.1 8.5 49 Days 45 Days 43 Days 42 Days 0.63 0.61 0.57 0.58 9.3 9.2 9.4 9.3 8.2% 7.9% 7.7% 7.4% 14.9% 14.7% 14.4% 14.7% 19.3% 18.9% 18.4% 17.7% $10.74 $10.45 $10.85 $9.52 8.8 8.4 8.4 8.6 3.9% 3.8% 3.6% 4.9% $55.41 $51.75 $48.25 $62.42 Required: 1. Evaluate Global's Short-term creditor position 2. Provide your comments on Globals ability to pay its long term debt. 3. Evaluate Global's profitability
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