Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 decimal places, e. g. 1.83 and all other answers to 1 decimal place, e. g. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/15, was $410.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/15, were $2,230.) (e) Return on common stockholders’ equity. (Stockholders’ equity on 12/31/15, was $980.) (f) Debt to assets ratio. (g) Times interest earned.
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Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 dec...
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