Question: Using the ratios you computed for AutoZone, please match the ratio to the amount you calculated. The first number is for the date of,

Using the ratios you computed for AutoZone, please match the ratio to

Using the ratios you computed for AutoZone, please match the ratio to the amount you calculated. The first number is for the date of, or year ending, August 26, 2023 and the second is for August 27, 2022. 000 000 Inventory Turnover Accounts Receivable Turnover Inventory as a percent of Total Assets (vertical analysis) Gross Margin Ratio (gross profit ratio) Current Ratio Debt/Assets Ratio 1. 52.0% (2023), 52.1% (2022) 2. 7.4% (2023), 11.1% (2022) 3. 79.6% (2023), 77.2% (2022) 4. 127.2% (2023), 123.2% (2022) 5. 34.05 (2023), 36.8 (2022) 6. 36.1% (2023), 36.9% (2022) Cash Flow from 7. Operations/Operating 1.471 (2023), 1.514 (2022) Income 8. 84.7% (2023), 98.2% (2022) Profit Margin Ratio 9. 14.5% (2023), 14.9% (20221

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!