Ready Ratios provides the following average ratios for Perfumes, Cosmetics, and Other Toilet Preparations for 2016: Gross
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Question:
- Ready Ratios provides the following average ratios for Perfumes, Cosmetics, and Other Toilet Preparations for 2016:
Gross margin ratio as 49.8 percent
Current ratio as .88
Debt-to-equity ratio as .24
Inventory turnover ratio as 98
What are some strengths and weaknesses of Bubble & Bee Organic identified by your ratio analysis? Discuss at least two strengths and two weaknesses.
What other information would be helpful to you in answering this question?
Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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