Question
Need help answering this question.. Pls&Ty! Current Ratio : 6.91 Working Capital : $131, 300 Cash Ratio : 6.18 Debt Ratio : 0.14 Debt-Equity :
Need help answering this question.. Pls&Ty! Current Ratio : 6.91 Working Capital : $131, 300 Cash Ratio : 6.18 Debt Ratio : 0.14 Debt-Equity : 0.19 Inventory Turnover : 2.32 Days Sales in Inventory : 157 Gross Profit Percentage : 62% AR Turnover : 2.67 Days' Sales in Recei. : 137 ROR On Total Assets : 8.64% Asset Turnover Ratio : 0.35 ROR On Stockholders' Equity : 11.58% EPS : 1.37 Price/Earnings Ratio : 3.65 Dividend Yield : 2% Dividend Payout : 7.3 1. Based on the ratios computed above, analyze the company's utilization of assets and evaluate whether this company's stock is likely to be attractive to investors. Refer to at least 3 specific ratios in your analysis. - Assume the industry average rate of return on assets is 6% and asset turnover is 1.50.
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