Yadier NVs comparative statements of financial position are presented below. Yadiers 2025 income statement included net sales
Question:
Yadier NV’s comparative statements of financial position are presented below.
Yadier’s 2025 income statement included net sales of €100,000, cost of goods sold of €60,350, and net income of €14,000.
Instructions Compute the following ratios for 2025.
a. Current ratio.
b. Acid-test ratio.
c. Accounts receivable turnover.
d. Inventory turnover.
e. Profit margin.
f. Asset turnover.
g. Return on assets.
h. Return on ordinary shareholders’ equity.
i. Debt to assets ratio.
Prepare an income statement.
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Related Book For
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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