Question
A DIRECTIONS: Students are to use the Murawski Company Balance Sheet and Income Statement to compute the ratios listed in Column A for both
A DIRECTIONS: Students are to use the Murawski Company Balance Sheet and Income Statement to compute the ratios listed in Column A for both years (2022 and 2021). Use Chapter 113 "Financial Analysis: The Big Picture" as guidance 2 Compute the following ratios for 2021 and 2022 3 Current Ratio: 4 Inventory Turnover Ratio (Inventory on 12/31/20 was $340) 5 Profit Margin Ratio. 6 Return on Assets (Assets on 12/31/20 was $1,900) 7 Return on Common Stockholder's Equity Ration 8 Debt to assets ratio 19 Times Interest earned 11 12 13 Answers Calculations for 2022 Calculations Answers for 2021
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