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Note: the 1. Complete the table below by calculating the missing performance measures for the Illini Tap. Calculate liquidity and solvency measures for 2018 and
Note: the 1. Complete the table below by calculating the missing performance measures for the Illini Tap. Calculate liquidity and solvency measures for 2018 and 2019. profitability, efficiency, and repayments measures can be calculated only for 2019 operations (32 pts.) 2018 2019 Current Ratio 2.46 2.55 Working Capital $ 155,008 $153,641 Working Capital Ratio 5.87 1.00 Debt-to-Asset Ratio Debt-to Equity Ratio Equity-to-Asset Ratio 1.18 0.41 1.00 2.04 0.33 nla ratio= 0.27 Return on Assets Return on Equity Operating Profit Margin nla $772,750.00 2.42 22.14 nla Asset Turnover Ratio nla 1.18 nla Repayment Capacity Repayment Margin Coverage Ratio n/a $131,633 $102,633 2.49 nla 2. Is the Illini Tap liquid? Is the bar solvent? Has the liquidity or solvency position of the bar changed dramatically during 2019? Do any of the liquidity or solvency measures indicate potential trouble for the bar? Provide a brief discussion for your answers (12 pts.) Type answer here 3. What does the repayment capacity represent? What does the repayment margin represent? Interpret the term debt and capital lease coverage ratio for the Illini Tap. (12 pts.) Type answer here
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