Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Just really need some help with the part circled in blue! I will rate! Many thanks and God bless!!! P15-29A (similar to) Question Help In
Just really need some help with the part circled in blue!
I will rate!
Many thanks and God bless!!!
P15-29A (similar to) Question Help In its annual report, WRM Athletic Supply, Inc. includes the following five-year financial summary: 5 Click the icon to view the financial summary.) Read the requirements. 2016 2015 2014 2018 1.70 2017 1.86 Formula (0.) Current ratio 1.69 1.69 2.43 Now compute the debt ratio. (Round your answers to the nearest tenth percent, X.X%.) (Click the icon to view the formulas.) 2018 2017 2016 2015 2014 Formula Debt ratio 52.4 % 50.1 % 51.1 % 55.8 % 44.2 % (p.) Select the formula reference in the last column of the table and compute the debt to equity ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) 2018 2017 2016 2015 2014 Formula Debt to equity ratio 1.10 1.00 1.05 1.26 0.79 (q.) Select the formula reference in the last column of the table and compute the times-interest-earned ratio for each year. (Round the ratio to two decimal places, X.XX.) (Click the icon to view the formulas.) 2016 2015 2014 Formula 2018 19.29 2017 13.56 Times-interest-earned ratio 11.31 9.16 8.68 0.) (An acid-test ratio of 0.90 to 1.00 is acceptable in most industries. A current ratio for companies in most industries is around 1.50. The average debt ratio for most companies ranges from 57% to 67%, with relatively little variation from company to company.) The current and acid-test ratios are fairly high. This indicates that the company can pay its liabilities. The company's debt to total assets (its debt ratio) is not extraordinarily high, which will facilitate the company making all payments for debt. The times-interest-earned ratio has increased from 2014 to 2018 which is favorable Requirement 5. Evaluate the dividends. Begin by selecting the appropriate measurements to evaluate dividends. Choose from any drop-down list and then click Check Answer. ? parts remaining Clear All Check Answer Debt to equity ratio 1.10 1.00 1.05 1.26 Select the formula reference in the last column of the table (Click the icon to view the formulas.) 2017 201 13.56 11. in most indus This indicat Current ratio Days' sales in inventory Debt ratio Dividend payout Dividends per share Gross profit percentage Inventory turnover Return on assets 1 Return on common stockholders' equity Return on sales ents to evaluate w Choose from any drop-down list and then click Check AnswStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started