Question: Trend analysis Indicate whether certain ratios and measures indicate an improving (I) or worsening (W) condition. Note: Only your answers in the column headed
Trend analysis Indicate whether certain ratios and measures indicate an improving (I) or worsening (W) condition. Note: Only your answers in the column headed I/W will be graded. Ratio or Measure Year 01 Year 02 I or W Working capital ($ 32,751) ($ 21,141) Debt to asset .97:1 .87:1 Equity to asset .42:1 .68:1 Asset turnover .12:1 .08:1 Debt to equity .6:1 1:1 ROFA (.44%) (12.17%) ROFE 7.45% 3.02% Operating Profit 14.75% Margin 12.42% Current ratio .69:1 .72:1 Net farm income ($ 50,483) ($ 48,213)
Step by Step Solution
3.34 Rating (151 Votes )
There are 3 Steps involved in it
Trend Analysis IW Ratio or Measure Year 01 Year 02 IW Working capital 32751 21141 I Debt to asset 97... View full answer
Get step-by-step solutions from verified subject matter experts
