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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 average

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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 average values where appropriate): Shoit-term solvency ratios a. Current ratio b. Quick ratio c. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency ratios g. Total debt ratio 4. Debt-equity ratio 4. Equity multiplier 1. Times interest earned ratio k. Cash coverage ratio Profitability rafios L 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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