Comparative financial statement data of Manfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional financial information.) (Click the icon to view the balance sheet.) Read the requirements. Requirement 1a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. Current ratio Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1b. Compute the cash ratios for 2024 and 2023. Begin by selecting the formula to compute the cash ratio. Cash ratio : Now, compute the cash ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1c. Compute the times-interest-earned ratios for 2024 and 2023. Begin by selecting the formula to compute the times-interest-earned ratio. Comparative financial statement data of Manfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional financial information.) (Click the icon to view the balance sheet.) Read the! Requirement 1c. Compute the times-interest-earned ratios for 2024 and 2023. Begin by selecting the formula to compute the times-interest-earned ratio. Times-interest-earned ratio = Now, compute the times-interest-eamed ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1d. Compute the inventory turnover ratios for 2024 and 2023. Begin by selecting the formula to compute the inventory turnover ratio. Inventory turnover ratio = Now, compute the inventory tumover ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1e. Compute the gross profit percentage for 2024 and 2023. Begin by selecting the formula to compute the gross profit percentage. Comparative financial statement data of Manfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional financial information.) (Click the icon to view the balance sheet.) Read the! Requirement 1e. Compute the gross profit percentage for 2024 and 2023. Begin by selecting the formula to compute the gross profit percentage. Gross profit percentage =[ Now, compute the gross profit percentage for 2024 and 2023 . (Round your answers to one tenth of a percent, X.X. Do not enter the \%. For example, enter 10.2% as 10.2. ) Requirement 1f. Compute the debt to equity ratios for 2024 and 2023. Begin by selecting the formula to compute the debt to equity ratio. Debt to equity ratio = Now, compute the debt to equity ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1g. Compute the rate of return on common stockholders' equity for 2024 and 2023. Begin by selecting the formula to compute the rate of return on common stockholders' equity. Comparative financial statement data of Manfield, Inc. follow: (Click the icon to view the income statement.) (C) (Click the icon to view the additional financial information.) (Click the icon to view the balance sheet.) Read the Requirement 1g. Compute the rate of return on common stockholders' equity for 2024 and 2023. Begin by selecting the formula to compute the rate of return on common stockholders' equity. Rate of return on common stockholders' equity Now, compute the rate of return on common stockholders' equity for 2024 and 2023. (Round your answers to one tenth of a percent, X.X. Do not enter the \%. For example, enter 10.2\% as 10.2.) Requirement 1h. Compute the earnings per share of common stock for 2024 and 2023. Begin by selecting the formula to compute the earnings per share of common stock. Earnings per share Now, compute the earnings per share for 2024 and 2023. (Round your answers to the nearest cent, $X.XX.) Requirement 1i. Compute the price/earnings ratio for 2024 and 2023. Comparative financial statement data of Manfield, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional financial information.) (Click the icon to view the balance sheet.) Read the amings per share = Now, compute the earnings per share for 2024 and 2023. (Round your answers to the nearest cent, $X.XX.) Requirement 1i. Compute the price/earnings ratio for 2024 and 2023. Begin by selecting the formula to compute the pricelearnings ratio. Price/earnings ratio = Now, compute the price/earnings ratio for 2024 and 2023. (Round your interim calculations and final answers to two decimal places, X.XX.) Requirement 2. Decide (a) whether Manfield's ability to pay debts and to sell inventory improved or deteriorated during 2024 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. (a) Did Manfield's ability to pay its debts and to sell inventory improve or deteriorate during 2024 ? (b) Did the investment attractiveness of Manfield's common stock appear to have increased or decreased
