For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually regarded as favorable or unfavorable Ratio 2015 2014 Ratio 2015 2014 5 5 I Profit margin 2 Debt ratio 3 Gross margin 4 Acid test ratio 9 47 34 1 00 8 42 46 15 5 Accounts receivable turnover 6 Basic earnin...

Ratio 2015 2014 Change 1 Profit Margin Ratio 9 8 Favorable 2 Debt R ...

For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually

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For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually regarded as favorable or unfavorable.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

Question Posted: Apr 23, 2015 03:10 AM

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For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually

Question:

Ratio 2015 2014 Ratio 2015 2014 5.5 I. Profit margin 2. Debt ratio . 3. Gross margin 4. Acid-test ratio... 9% 47% 34% 1.00 8% 42% 46% .15 5. Accounts receivable turnover... 6. Basic earnings per share 7. Inventory turnover 6.7 $1.25 $.I0 3.6 2.0% 1.2%

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