Question
Assume the role of a banker and you have funds to lend to only one company.You have narrowed your choices to a company in the
Assume the role of a banker and you have funds to lend to only one company.You have narrowed your choices to a company in the air conditioning & heating business - either Reitzel Heating or Klassen.You are given the following financial data for both companies on the following page.
For each company calculate the following (3 pts):
? Current Ratio
? Acid test ratio
? Inventory turnover
? Days' sales in average receivable
? Debt ratio
? Times interest earned ratio
? Return on shareholders' equity
? Earnings per share of common stock
? Price Earnings Ratio
? Debt to Equity Ratio
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