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can you show work. thank you Ratio Analysis exercise Data for Ljubicic Iiquor Distributors for its two most recent fiscal years is presented below. Prepare
can you show work. thank you
Ratio Analysis exercise Data for Ljubicic Iiquor Distributors for its two most recent fiscal years is presented below. Prepare common-size income statements, then calculate the indicated ratios for the company for each year and outline its strengths and weaknesses revealed by the analysis. What additional questions does your ratio analysis raise? Ljubicic Liquor Distributors Balance Sheets as of June 30,2008 and 2007 Ljubicie Liquor Distributors Income Statements for years ended June 30, 2008 and 2007 ( 000 s omitted) Ratios for analysis: Current ratio Total debt ratio Quick ratio Net profit margin Inventory days on hand Gross profit margin Avenge collection period Return on assets Fixed asset tumover Return on equity Total asset turnover Step by Step Solution
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