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How would a financial ratio projected summary for the next three years based on the information below? Projected Ratios 01/29/2024 01/29/2025 01/24/2026 Current Ratio 1.33
How would a financial ratio projected summary for the next three years based on the information below?
Projected Ratios | |||
01/29/2024 | 01/29/2025 | 01/24/2026 | |
Current Ratio 1.33 1.35 1.38 | |||
Quick Ratio 0.58 0.63 0.66 | |||
Debt-to-Total-Assets Ratio 0.80 0.79 0.79 | |||
Debt-to-Equity Ratio 3.91 3.87 3.81 | |||
Times-Interest-Earned Ratio 3 3 3 | |||
Fixed Assets Turnover 4.56 4.74 5.02 | |||
Total Assets Turnover 1.35 1.34 1.35 | |||
Accounts Receivable Turnover 50 50 50 | |||
Average Collection Period 7.30 7.30 7.30 | |||
Gross Profit Margin 38% 38% 38% | |||
Operating Profit Margin 3% 3% 3% | |||
ROA 2% 2% 2% | |||
ROE 11% 10% 9% | |||
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