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Data table Data table Consider the following comparative income statement and additional balance sheet data for Evan Fashions, Inc. (Click the Icon to view the
Data table Data table
Consider the following comparative income statement and additional balance sheet data for Evan Fashions, Inc. (Click the Icon to view the comparative Income statement) (Click the Icon to view the additional balance shoot data ) Read the Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently Round each ratio to two decimal places Assume all sales are on credit. Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently, select the corresponding formulas, and then calculate each ratio for 2017 and 2018 (Enter the first four ratios as decimals rounded to two decimal places, XY(. and the last ratio as a percentage to the nearest hundredth percent, X XX%. Abbrevvattons used EPS = Earmngs per share, ROA = Return on assets, ROE = Return on equity, ROS = Return on sales) Ratio Accounts receivable turnover Inventory turnover Total asset turnover Fixed asset turnover ROA Formula Cost 01 goods sold I Average inventory Sales / Average total assets Sales / Average fixed assets Net income / Average total assets 2018 12 2017
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