Question
Hello, I need a help with the following question. I need to calculate current ratio, liabilities-to-equity ratio, and Return on equity in % for 2018
Hello,
I need a help with the following question. I need to calculate current ratio, liabilities-to-equity ratio, and Return on equity in % for 2018 and 2019 using data from 2017. I dont know how it can be possible. Please, show me how to calculate it! To calculate these ratios, I am given only these information. There is no additional information available.
Macys
|
| 2019 | 2018 |
| Current Assets | $2,959 | $3,451 |
| Current Liabilities | $1,942 | $2,369 |
| Net Income/Loss | $(255) | $(118) |
| Total assets 2017 | $9,118.00 |
| Total Stockholders equity 2017 | $1,345.00 |
Calculate:
| February 2,2019 | February 3, 2018 | |
| Current Ratio | ||
| Liabilities-to-equity | ||
| Return on Equity in % |
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