Question
ACC321 Term Project: Part 4 - Ratio Analysis Compute the following ratios from the Financial Statements provided: GAAP IFRS a. Current 1.89 b. Quick 1.13
ACC321 Term Project: Part 4 - Ratio Analysis
Compute the following ratios from the Financial Statements provided:
GAAP IFRS
a. Current 1.89
b. Quick 1.13
c. Debt to Assets
d. Return on Assets 30.0%
e. Return on Equity 66.0%
f.Profit Margin 10.0%
g.Gross Margin
h. Asset Turnover 3.02
Required:Discuss why the financial statements and ratios differ under the two standards of accounting.
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
