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Calculate the following ratios for BlueSky Corp based on the information: Current ratio Quick ratio Debt to equity ratio Profit margin ratio Return on equity
Calculate the following ratios for BlueSky Corp based on the information:
- Current ratio
- Quick ratio
- Debt to equity ratio
- Profit margin ratio
- Return on equity ratio
BlueSky Corp:
- Current Assets: $100,000
- Current Liabilities: $50,000
- Inventory: $20,000
- Accounts Payable: $30,000
- Total Debt: $80,000
- Total Equity: $120,000
- Net Income: $50,000
- Sales: $200,000
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