Question: Required: a. (11 marks) Complete the following table. Show your calculations. Round ratios to one decimal place. 2021 2020 Industry average Sabre Sabre i. Current

Required: a. (11 marks) Complete the following table. Show your calculations. Round ratios to one decimal place. 2021 2020 Industry average Sabre Sabre i. Current ratio 1.3:1 1.3:1 ii. Acid-test ratio .9:1 .5:1 iii. Operating cash flow ratio 1.2:1 1:1 iv. Number of days to complete revenue cycle 150 225 V. Debt to shareholders' equity ratio 1:1 1.5:1 vi. Return on shareholders' equity ratio 5:1 .8:1 vii. Gross profit ratio .4:1 .4:1 vii. Net profit ratio 1:1 .25:1 ix. Times interest earned 12 times 24 times X. Earning per share ratio $8 $20 xi. Price-earnings ratio 1:1 1.2:1 b. (7 marks) Using the ratios, evaluate the 2021 financial performance of Sabre Corporation. Horizontal and vertical analyses are not required

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