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QS 1 7 - 1 7 ( Static ) Ratio interpretation LO P 3 For each ratio listed, identify whether the change in ratio value

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QS 17-17(Static) Ratio interpretation LO P3
For each ratio listed, identify whether the change in ratio value from the Prior Year to the Current or unfavorable.
\table[[Ratio,Current Year,Prior Year,Change,,],[1. Profit margin,9,%,8,%,],[2. Debt ratio,47,%,42,%,],[3. Gross margin,34,%,46,%,],[4. Acid-test ratio,1.00,,1.15,,],[5. Accounts receivable turnover,5.5,,6.7,,],[6. Basic earnings per share,$,1.25,,$1.10,],[7. Inventory turnover,3.6,,3.4,,],[8. Dividend yield,2.0,%,1.2,%,]]
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