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Below is selected balance sheet and income statement information from Fuller Enterprises. 2017 2016 Current assets $ 26,148 $ 29,879 Current liabilities 38,063 36,129 Total
Below is selected balance sheet and income statement information from Fuller Enterprises.
| 2017 | 2016 |
Current assets | $ 26,148 | $ 29,879 |
Current liabilities | 38,063 | 36,129 |
Total debt | 123,896 | 125,545 |
Total Liabilities | 206,493 | 209,242 |
Equity | 76,434 | 72,613 |
Earnings before interest and taxes | 27,777 | 27,476 |
Interest expense | 3,180 | 3,384 |
Net cash flow from operating activities | 18,812 | 18,620 |
- Compute the current ratio for each year and discuss any trend in liquidity.
- Compute times interest earned, liabilities-to-equity, and cash from operations to total debt ratios for each year and discuss any trends for each.
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