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need to know how were from 2.1 current ratio came ? 2:24 all@ Expert Q&A Done Walmart Corporation is a national retail department store. The

need to know how were from 2.1 current ratio came ?
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2:24 all@ Expert Q&A Done Walmart Corporation is a national retail department store. The company's total revenues for the twelve months ended December 31, 2021, were $19 billion. Freshco is a larger department store company with $26.1 billion of revenues for the same period. Ratio Walmart Freshco Gross Profit Percentage 35.9% 39.1% Net Profit Margin 1.7% 2.6% Return on Equity 15.9% 16.8% EPS $3.27 $2.13 Inventory Turnover Ratio 2.69 2.64 Current Ratio 1.68 1.31 Debt-to-assets 0.64 10.82 P/E ratio 12.6 15.1 Required: 1. Which company appears more profitable? 2:24 Expert Q&A all@ Done 30.170 Net Profit Margin 1.7% 2.6% Return on Equity 15.9% 16.8% EPS $3.27 $2.13 Inventory Turnover Ratio 2.69 2.64 Current Ratio 1.68 1.31 Debt-to-assets 0.64 10.82 P/E ratio 12.6 15.1 Required: 1. Which company appears more profitable? Describe the ratio(s) that you used to reach this decision. 2. Which company appears more liquid? Describe the ratio(s) that you used to reach this decision. 3. Which company appears more solvent? Describe the ratio(s) that you used to reach HINT: The stock price in the top of the P/E ratio represents investors' expectations about future financial performance whereas the bottom number reports past financial performance

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