A Current ratio (rounded to one decimal place) Accounts receivable turnover (rounded to two decimal places) Days' sales uncollected (rounded to the nearest whole day) Inventory turnover (rounded to two decimal places) Days' sales in inventory (rounded to the nearest whole day) 24 Operating Expenses 25 Income from Operations 26 Interest Expense 27 Income before Income Tax Expense 28 Income Tax Expense 29 Net Income 30 31 Required: 32 Compute the following liquidity ratios for 2022. 33 Round to the required number of decimal places using the Excel =ROUND function 34 35 36 37 38 39 40 Compute the following Solvency Ratios for 2022. 41 Round to the required number of decimal places using the Excel =ROUND function 42 43 44 45 Compute the following Profitability Ratios for 2022. 46 Round to the required number of decimal places using the Excel =ROUND function Profit margin ratio ("%" format, rounded to one decimal place) 47 48 Gross margin ratio ("%" format, rounded to one decimal place) 19 B Debt to equity ratio ("%" format, rounded to one decimal place). Times interest earned (rounded to one decimal place) 891,400 190,600 14,500 176,100 47,000 $129,100 C times days times days times D F
A Current ratio (rounded to one decimal place) Accounts receivable turnover (rounded to two decimal places) Days' sales uncollected (rounded to the nearest whole day) Inventory turnover (rounded to two decimal places) Days' sales in inventory (rounded to the nearest whole day) 24 Operating Expenses 25 Income from Operations 26 Interest Expense 27 Income before Income Tax Expense 28 Income Tax Expense 29 Net Income 30 31 Required: 32 Compute the following liquidity ratios for 2022. 33 Round to the required number of decimal places using the Excel =ROUND function 34 35 36 37 38 39 40 Compute the following Solvency Ratios for 2022. 41 Round to the required number of decimal places using the Excel =ROUND function 42 43 44 45 Compute the following Profitability Ratios for 2022. 46 Round to the required number of decimal places using the Excel =ROUND function Profit margin ratio ("%" format, rounded to one decimal place) 47 48 Gross margin ratio ("%" format, rounded to one decimal place) 19 B Debt to equity ratio ("%" format, rounded to one decimal place). Times interest earned (rounded to one decimal place) 891,400 190,600 14,500 176,100 47,000 $129,100 C times days times days times D F
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.4P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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