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CHESTNUT, INC. BALANCE SHEETS AS OF 12/31/2018 AND 12/31/2019 4 Calculating Financial Ratios Find the following financial ratios *** - (use yearend figures rather than
CHESTNUT, INC. BALANCE SHEETS AS OF 12/31/2018 AND 12/31/2019 4 Calculating Financial Ratios Find the following financial ratios *** - (use yearend figures rather than average values where appropriate) Shou t-terin solvency ratios a. Curreat ratio b. Quick ratio c. Cash ratio Asset utilization ratios d. Total asset turnover a. Inventory turnover f. Receivables turnover Longeterm solvency ratios g. Total debt ratio h. Debt-equity ratio f. Equity multiplier f. Times interest earned ratio k. Cash coverage ratio Profitability ratios 1. Profit margin m. Return on assets n. Return on equity DuPont Identity Construct the DuPont identity *** For each year that you have enough information
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