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For the following three ratios, briefly indicate the meaning of the values a) Inventory Turnover b)Profit Margin c)Return on assets Ratios 2015 2016 2017 Quick
For the following three ratios, briefly indicate the meaning of the values
a) Inventory Turnover
b)Profit Margin
c)Return on assets
Ratios 2015 2016 2017 Quick Ratio 0.7514 0.7833 0.7627 1.0536 1.6527 6.9951 Current Ratio 1.0448 1.0400 1.6305 7.7013 1.74% Total Asset Turnover 1.3546 Inventory Turnover 6.9754 Profit Margin 0.56% 1.71% Return On Assets 0.92% 2.84% 2.31%Step by Step Solution
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