In: Accounting
CURRENT RATIO What is the formula? Current assets/current liabilities pg 51
Calculate the ratio current year. Page________ 7266/10132=.72
Calculate the ratio for the prior year. Page_______ 8753/9501=.92
Analyze the ratio trend.
2. RETURN ON ASSETS
What is the formula? net income/avg total assets
Calculate the ratio current year. 10990/((120,232)=9.15%
Page_______19_
Calculate the ratio for the prior year. Page_______ 3642/(120,480)=3.02%
Analyze the ratio trend.
3. RECEIVABLE TURNOVER RATIO What is the formula?Net credit Sales/Average Account Receivable
Calculate the ratio current year. Page_____26&51___26232/921= 28.48
Calculate the ratio for the prior year. Page_______26487/769=34.44
Analyze the ratio trend.
Help me Analyze the ratio trend : Current Ratio, Return on Assets, and Receivable turnover.
An analysis of the most significant ratios that prove that your company is worth investing in.