Homework #9 Account,? \ ITE1MDIOODlyODVa/a/MTQ3Mzg2Mz12MzNa/details Name: Date: Homework 9 exercise 17-4 CALCULATING FINANCIAL RATIOS (ADVANCED) You are considering investing in Acme Incorporated. The company has provided you with the balance sheet and income statement for the previous year. The current price of one share of stock is $46.25. Eaming per share last year was $1.86. 1. Calculate the requested financial ratios: a. Current ratio b. Debt-to-cquity ratio c. Return on sales (use net income AFTER taxes) d. Return on equity (use net income AFTER taxes) e. Earnings per share (use net income AFTER taxes) Would you invest in Acme Incorporated? Why or why not? wa Homework #9 Account,? \ ITE1MDIOODlyODVa/a/MTQ3Mzg2Mz12MzNa/details Name: Date: Homework 9 exercise 17-4 CALCULATING FINANCIAL RATIOS (ADVANCED) You are considering investing in Acme Incorporated. The company has provided you with the balance sheet and income statement for the previous year. The current price of one share of stock is $46.25. Eaming per share last year was $1.86. 1. Calculate the requested financial ratios: a. Current ratio b. Debt-to-cquity ratio c. Return on sales (use net income AFTER taxes) d. Return on equity (use net income AFTER taxes) e. Earnings per share (use net income AFTER taxes) Would you invest in Acme Incorporated? Why or why not? wa