• Calculate and interpret the following ratios for Procter & Gamble Co. based on the provided financial data for the year ended December 31, 2023:
  • Current Ratio
  • Quick Ratio
  • Debt-to-Equity Ratio
  • Return on Assets (ROA)
  • Return on Equity (ROE)
• Use the following data:
  • Current Assets: $180,000
  • Inventory: $60,000
  • Current Liabilities: $90,000
  • Total Assets: $600,000
  • Total Liabilities: $250,000
  • Net Income: $100,000
  • Shareholders' Equity: $350,000

Question:

Using the given data, calculate the Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Return on Assets (ROA), and Return on Equity (ROE) for Procter & Gamble Co. for the year ended December 31, 2023. Provide an interpretation for each ratio.