Question: Provide the following ratios for both 2017 and 2016: Current ratio Quick ratio Inventory turnover Days of inventory on hand Accounts receivable turnover Average collection
- Provide the following ratios for both 2017 and 2016:
- Current ratio
- Quick ratio
- Inventory turnover
- Days of inventory on hand
- Accounts receivable turnover
- Average collection period
- Asset turnover
- Gross profit margin
- Net profit margin
- Leverage ratio
- Return on assets
- Return on equity
- Interest coverage ratio
- Show your calculations and clearly indicate your answer for each year by highlighting your answer in yellow. Ensure you express the ratio correctly (percent vs. number). Use one or two decimals (i.e. for a number 4.8 or 4.84; for a percent 5.6% or 5.63%).
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