Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Describe how and why each of the ratios has changed over the three-year period. For example, did the current ratio increase or decrease? Why? 2019
Describe how and why each of the ratios has changed over the three-year period. For example, did the current ratio increase or decrease? Why?
2019 | 2018 | 2017 | |
Current Ratio | 0.90 | 1.49 | 1.40 |
Debt / Equity Ratio | 3.5 | 3.96 | 4.31 |
Free Cash Flow (000) | -$3,140,357 | -$2,854,425 | -$1,959,250 |
Earnings per Share | $4.26 | $2.78 | $1.29 |
Price / earnings ratio | 75.88 | 96.21 | 148.33 |
Return on Equity | 24.62% | 23.12% | 15.60% |
Net profit margin | 9.26% | 7.67% | 4.78% |
Stock Data Number of Shares Outstanding | 438,807 | 436,599 | 433,393 |
Closing Price Last Business Day in December | 323.57 | 267.66 | 191.96 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started