Question: Using the financial ratios provided in the Appendix and the financial statement information for Avon Products below, calculate the following ratios for Avon for both

Using the financial ratios provided in the Appendix and the financial statement information for Avon Products below, calculate the following ratios for Avon for both 2009 and 2010:
a. Gross profit margin
b. Operating profit margin
c. Net profit margin.
d. Times interest earned coverage
e. Return on shareholders' equity
f. Return on assets
g. Debt-to-equity ratio
h. Days of inventory
i. Inventory turnover ratio
j. Average collection period
Based on these ratios, did the Avon's financial performance improve, weaken, or remain about the same from 2009 to 2010?

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The student should prepare the following analysis a Gross profit margin Gross profit margin equals sales cost of goods sold divided by sales For Avon this is represented in the following equations 200... View full answer

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