Please see the attached. Would you please answer the said questions and provide references?

BUS-FP3061 Assessment 5, Part 2 Template BUS-FP3061 - Fundamentals of Accounting Ratio Year 1 Year 2 Current ratio 3.12:1 2.96:1 Quick ratio 1.34:1 1.02:1 Receivables turnover 9.7 times 10.2 times Inventory turnover 2.4 times 2.3 times Profit margin 11.4% 12.6% Asset turnover 1.21 times 1.22 times Return on assets 13.7% 15.4% Return on equity 28.5% 29.3% Price-earnings ratio 10.4 times 12.4 times Debt ratio 50.2% 45.3% Times interest earned 9.6 times 13.0 times 1. 2. What does the calculation of each ratio represent? How does year one compare with year two, and what trend can be seen when you compare the two years? 3. Is the trend from year one to year two positive or negative? 4. What are the possible reasons for the trend? 5. What recommendations do you have for turning a negative trend to a positive trend? If you could support with references, it would be great. If not, I will find them. I need the above answered by tomorrow. Capella Proprietary and Confidential ShortDoc_Internal.doc Last updated: 5/19/2016 9:05 AM 1