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Please indicate if the ratios got better or worse from the year 2018 to 2019. Comments Working capital (CA-CL) Current ratio (CA/CL) A/R turnover (Sales/Inv)
Please indicate if the ratios got better or worse from the year 2018 to 2019.
Comments Working capital (CA-CL) Current ratio (CA/CL) A/R turnover (Sales/Inv) Days of A/R (365/Turn) Inventory turnover (COGS/Inv) Days of Inventory (365/Turn) 2019 ($400) 0.94 6.00 60.8 4.00 91.3 2018 $3,400 1.52 3.33 109.5 2.33 156.4 Gross profit ratio (GP/Sales) Profit ratio (NI/sales) ROA (NI/Assets) 33.3% 12.5% 5.1% 30.0% 20.0% 7.5%Step by Step Solution
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