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provide the financial ratios for company CordovaCann Corp. (formerly LiveReel Media Corporation) using the audited annual financial statements obtained from SEDAR and must contain audited

provide the financial ratios for company CordovaCann Corp. (formerly LiveReel Media Corporation) using the audited annual financial statements obtained from SEDAR and must contain audited financial statements and the MD&A (management's discussion and analysis). In SEDAR you should look for theAudited Annual Financial Statements. indicate the details of the formula used to calculate each of the financial ratios

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Financial Ratios: Answer Ratio Generic Formula Define details for your assigned company 1) Equity ratio Equity Ratio = Shareholders Equity = Shareholders' Equity / Total Assets 2) Working Capital Working Capital Turnover = Revenue / Working Capital = Turnover Working Capital 3) Current ratio Current Ratio = Current Assets / Current Liabilities 4) Quick ratio Quick Ratio = Quick Assets = Quick Assets / Current Liabilities 5) Inventory Inventory Turnover = turnover Cost of Sales / Average Inventory 6) Interest Coverage Interest Coverage = Operating Income / Annual Interest Expense 7) Average Average Collection Period = (Trade Collection Period Accounts Receivable / Revenues) * 365 8) Return on Assets Return on Assets = Operating Income / Total Average Assets 9) Return on Sales Return on Sales = Net Income / Net Sales or Revenue 10) Dividend Payout Dividend Payout Ratio = Common Ratio Share Dividends per Share / Earnings per

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