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REQUIRED: 1. a. Compute the following ratios for the year 2019: Current ratio b. Assets turnover c. Debt to total assets ratio/Debt ratio y vowy
REQUIRED: 1. a. Compute the following ratios for the year 2019: Current ratio b. Assets turnover c. Debt to total assets ratio/Debt ratio y vowy d. Profit margin 2. Compare and explain the ratios calculated above with the industry average as listed below: a. Current ratio: 1.8 b. Assets turnover: 1.03 times Debt to total assets ratio: 0.1 times d. Profit margin: 8.2% C. REQUIRED: 1. a. Compute the following ratios for the year 2019: Current ratio b. Assets turnover c. Debt to total assets ratio/Debt ratio y vowy d. Profit margin 2. Compare and explain the ratios calculated above with the industry average as listed below: a. Current ratio: 1.8 b. Assets turnover: 1.03 times Debt to total assets ratio: 0.1 times d. Profit margin: 8.2% C
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