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es and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statemer + 1 of 1 | D Therefore, change all
es and more from other browsers each time you browse in Microsoft Edge. Microsoft Privacy Statemer + 1 of 1 | D Therefore, change all of the ">=" to "<=" in E14:E18. You also need to make the same change in E10 for the average collection period. Your worksheet should now resemble that shown in Exhibit 3-7. - You should see that nearly all of EPI's ratios are judged to be "Bad." This is exactly what our previous analysis has determined, except that Excel has done it automati- cally. There are many changes that could be made to improve on this simple ratio analyzer, but we will leave that job as an exercise for you. EXHIBIT 3-7 EPI's Ratios with Automatic Analysis 2 3 Ratio 5 Current Ratio 6 Quick Ratio 7 A 8 Inventory Turnover 9 A/R Turnover B C Elvis Products International Ratio Analysis for 2019 and 2020 10 Average Collection Period 11 Fixed Asset Turnover 12 Total Asset Turnover 13 14 Total Debt Ratio 15 Long-term Debt Ratio 16 LTD to Total Capitalization 17 Debt to Equity 18 LTD to Equity 19 20 Times Inter
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