Business
Business, 13.11.2019 22:31, TTHOR1935

Nanalysis of last year's financial statements produced the following results. current ratio 3.6 quick ratio 2.2 average collection period 78.0 days inventory turnover 4.4 fixed asset turnover 6.4 operating profit margin 11.9% net profit margin 6.1% return on assets 8.8% return on equity 13.7% debt ratio 35.5% times-interest-earned 9.3x payout ratio 41.4% use the following data to compute the comparable financial ratios for next fiscal year. has the firm's financial position changed?

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Nanalysis of last year's financial statements produced the following results. current ratio 3.6 quic...

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