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Calculate the following ratios for Bartlett Company in 2018, compare them with the ratios in 2019 and provide one- or two-sentence comments on how Bartlett

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Calculate the following ratios for Bartlett Company in 2018, compare them with the ratios in 2019 and provide one- or two-sentence comments on how Bartlett Company did over the past two years on each ratio. One example is done for you. - Gross profit margin - Operating profit margin - Net profit margin - Earnings per share - Return on total assets - Return on equity - P/E ratio - M/B ratio - (Assuming the stock price at the end of 2018 was \$25.) Example: Current ratio (2018)=1,004/483=2.08. Current ratio (2019)=1.97 (from the slide 16). It indicates that in general Bartlett Company has a good liquidity position. However, it is decreasing from 2018 to 2019 , so managers need to keep an eye on this ratio. Table 3.1 Bartlett company Income Statements (\$000) Table 3.2 Bartlett Company Balance Sheets (\$000)

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