The condensed financial statements of Murawski Company for the years 2021 and 2022 are presented as follows.
Question:
The condensed financial statements of Murawski Company for the years 2021 and 2022 are presented as follows. (Amounts in thousands.)
Compute the following ratios for 2022 and 2021.
a. Current ratio.
b. Inventory turnover. (Inventory on 12/31/20 was $340.)
c. Profit margin.
d. Return on assets. (Assets on 12/31/20 were $1,900.)
e. Return on common stockholders’ equity. (Stockholders’ equity on 12/31/20 was $900.)
f. Debt to assets ratio.
g. Times interest earned.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: