A partially completed analytical ratios working paper for Keystone Computers Networks, Inc , is presented on page 239 a Complete the working paper by computing the financial ratios for 20X5 b After completing part (a), review the ratios and identify financial statement accounts that should be inves...

Keystone Computers Networks Inc Analytical Review Ratios for the Period Ended December 31 20X5 1231X5 1231X4 Industry Current Ratio 1144 1215 1300 Day ...

A partially completed analytical ratios working paper for Keystone Computers & Networks, Inc., is presented on page

Question:

A partially completed analytical ratios working paper for Keystone Computers & Networks, Inc., is presented on page 239.
a. Complete the working paper by computing the for 20X5.
b. After completing part (a), review the ratios and identify financial statement accounts that should be investigated because the related ratios are not comparable to prior-year ratios, industry averages, or your knowledge of the company.
c. For each account identified in part (b), list potential reasons for the unexpected account balances and related ratios.

Financial Ratios
The term is enough to curl one's hair, conjuring up those complex problems we encountered in high school math that left many of us babbling and frustrated. But when it comes to investing, that need not be the case. In fact, there are ratios that,...