Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Questions: 7

Answer

1) Liquidity 2) Solvency 3) Profitability

Work Step by Step

1:Working capital; Current ratio; Inventory turnover ratio; Receivable turnover ratio; Average collection period. 2: Debt to total assets; Cash debt coverage ratio; Times interest earned ratio. 3:Gross profit ratio; Net profit ratio; Earnings per share; Price earnings ratio; Profit margin ratio.
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