Required:

Using the above information, compute the following:

Current ratio

Acid$-$test ratio

Accounts receivable turnover

Inventory turnover

Total asset turnover

Debt ratio

Equity ratio

Debt$-$to$-$equity ratio

Profit margin ratio

Gross margin ratio

Return on total assets Required: Using information provided on the Question Data tab, compute the following ratios: Required:

Using the above information, compute the following:

$-$ Current ratio

$-$ Acid$-$test ratio

$-$ Accounts receivable turnover

$-$ Inventory turnover

$-$ Total asset turnover

$-$ Debt ratio

$-$ Equity ratio

$-$ Debt$-$to$-$equity ratio

$-$ Profit margin ratio

$-$ Gross margin ratio

$-$ Return on total assets