Question
Ready Ratios provides the following average ratios for Perfumes, Cosmetics, and Other Toilet Preparations for 2016: Gross margin ratio as 49.8 percent Current ratio as
- Ready Ratios provides the following average ratios for Perfumes, Cosmetics, and Other Toilet Preparations for 2016:
Gross margin ratio as 49.8 percent
Current ratio as .88
Debt-to-equity ratio as .24
Inventory turnover ratio as 98
What are some strengths and weaknesses of Bubble & Bee Organic identified by your ratio analysis? Discuss at least two strengths and two weaknesses.
What other information would be helpful to you in answering this question?
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Step: 1
To assess the strengths and weaknesses of Bubble Bee Organic based on the provided ratios we can analyze the ratios and their implications However its important to note that the analysis would be more ...
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
