Total assets of 689400. Long term debit of 198375, total equity of 364.182, net fixed assets of 512,100 and sales of 1021500. The profit margin is 6.2 percent. What is the current ratio
Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
Total assets of 689400. Long term debit of 198375, total equity of 364.182, net fixed assets of 512,100 and sales of 1021500. The profit margin is 6.2 percent. What is the current ratio
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