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 |
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| 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% |
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| Turnover-Control Ratios |
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| 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 |
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| Leverage and Liquidity Ratios |
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| 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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