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NEED ANSWER WITHIN AN HOUR MAX TIME PLEASE! Please review the following 6 ratios for Simpson Company and ABC Inc. for the year ended 2014,
NEED ANSWER WITHIN AN HOUR MAX TIME PLEASE!
Please review the following 6 ratios for Simpson Company and ABC Inc. for the year ended 2014, and address the 2 questions below....
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8. Please review the following 6 ratios for Simpson Company and ABC Inc. for the year ended 2014, and address the 2 questions below. Ratio Name Simpson Company ABC Inc. (a) Days' sales outstanding 36 30 (b) Inventory turnover 5.6 4.9 (c) Asset turnover 2.02 3.03 (d) Earnings per share $1.50 $1.25 6.1 5.2 15.6% 12.2% (e) Times-interest-earned (f) Return on common stockholders' equity Instructions: This is a 2-part question. (1) Explain the meaning of each of the Simpson Company ratios above. (2) State which company performed better for each ratioStep by Step Solution
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