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Part 1: Key Financial Ratios Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example

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Part 1: Key Financial Ratios Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example answers should look like -0.05 or 1.33 Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016 Year Current Assets Current Liabilities 2014 2015 2016 6,086 5,914 8,137 8,532 8,516 10,397 2016 2015 2014 ROA ROE Current Ratio 0.78 0.69 0.71 0 EXHIBIT 1 Income Statement (millions of euros) 2016 20,792 2,993 1,540 2015 20,511 2,785 1,892 2014 9,257 19,203 2,8142,484 1,516 2013 Revenue EBIT Net profit 1,364 Source: Heineken. EXHIBIT 2 Balance Sheet (millions of euros) 2012 Assets 39,321 40,122 34,830 33,337 35,979 Liabilities 24,748 25,052 17,869 7797 9,260 Equity 14,573 15,070 13,452 12,356 12,805 2016 2015 2014 2013

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