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Compute the following ratios for 2017 and 2016 (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to
Compute the following ratios for 2017 and 2016" (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6% (a) Current ratio. (b) Inventory turnover. (nventory on December 31, 2015, was $400.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2015, were $2,300.) (e) Return on common stockholders' equity. (Equity on December 31, 2015, was $950.) (f) Debt to assets ratio (g) Times interest earned. 2017 2016 Current ratio. Inventory turnover. Profit margin. 1.6 :1 2.44 2.27 Return on assets. 6.21% 1.71% Return on common stockholders' equity. Debt to assets ratio Times interest earned times times Click if you would like to Show Work for this question: Open Show Work
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