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Current ratio 2.24 Current assets/current liabilities Debt: Equity 0.99 Total liabilities/Owner's equity Return on sales 12.20% Net income/Net sales Return on equity 23.8 Net income/Owner's
Current ratio 2.24 Current assets/current liabilities Debt: Equity 0.99 Total liabilities/Owner's equity Return on sales 12.20% Net income/Net sales Return on equity 23.8 Net income/Owner's equity Earnings per share $1.31 Net income/number of outstanding shares. Would you invest in Acme Corporation? Why or why not
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