Question: Please enter your ratio calculations below. Unit 2 Assignment- Types of Ratios 2008 2009 2010 Profitability Ratios Return on equity 18.02% 6.99% 4.95% Return on

Please enter your ratio calculations below.

Unit 2 Assignment-

Types of Ratios

2008

2009

2010

Profitability Ratios

Return on equity

18.02%

6.99%

4.95%

Return on assets

11.70%

4.95%

3.63%

Profit margin

6.96%

2.98%

2.34%

Turnover-Control Ratios

Asset turnover

1.68

1.66

1.55

Fixed-asset turnover

5.15

5.09

5.54

Inventory turnover

2.16

2.34

2.38

Leverage and Liquidity Ratios

Debt to assets

35.06%

29.10%

26.76%

Times interest earned

45.5

20.64

204.43

Current ratio

2.42

2.87

3.16

Based on your evaluation of the financial ratios and financial reports, decide on a changed company strategy and explain your reasoning.

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