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Problem 4-9 Question Help Using Pampin Inc.'s financial statements shown here a. Compute the following ratios for both 2007 and 2008. b. How liquid is

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Problem 4-9 Question Help Using Pampin Inc.'s financial statements shown here a. Compute the following ratios for both 2007 and 2008. b. How liquid is the firm? c. Are its managers generating an adequate operating profit on the firm's assets? d. How is the firm financing its assets? Are its managers generating a good retum on equity? a. Compute the following ratios for both 2007 and 2008. Round the numbers to one decimal place and select your evaluation from the drop-down menu.) Liquidity Ratios: Current Ratio 2007 2008 Industry Norm Evaluation 5.0x

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