1) Company\'s Current ratio 2017 Current ratio = 2.055 2016 Current ratio = 2.07
ID: 2515605 • Letter: 1
Question
1) Company's Current ratio
2017 Current ratio = 2.055
2016 Current ratio = 2.077
Explain what information this ratio provides (define), and what the results mean specifically to your
company. Use complete sentences in your own words.
Has the current ratio improved?_________________________
2) Company's Debt ratio
2017 Debt Ratio =0.417987 = 41.799%
2016 Debit Ratio = 0.415240 = 41.524%
Explain what information this ratio provides (define), and what the results mean specifically to your
company Use complete sentences
Has the ratio improved? __________________
3) company Profit Margin
2017 Profit Margin Ratio = 0.232000663 =23.200%
2016 Profit Margin Ratio = 0.199640614 =19.964%
Explain what information this ratio provides (define), and what the results mean specifically to your
company. Use complete sentences.
Has the ratio improved? __________________
4) Return on assets
2017 Return on assets = 0.116538645 =11.654%
2016 Return on assets = 0.09205004 = 9.205%
Explain what information this ratio provides (define), and what the results mean specifically to your
company. Use complete sentences
Has the ratio improved? __________________
Explanation / Answer
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Current Ratio provides information about company's financial Health in the form of telling us is company capable of paying back its debts with its assets Higher the ratio, better for company. Hence it has been declined Debt ratio tells us the proportion of a company's asset that are financed by debt Lower the ratio, better for company. Hence it has been declined Profit margin ratios tell us the profitibality of the company relative to Net Sales Higher the ratio, better for company. Hence it has been improved Return on asset tells us how profitable the company is related to its total assets Higher the ratio, better for company. Hence it has been improvedRelated Questions
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