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REQUIRED. For each of the Ratios on the list below: 1) Provide a definition. 2) Calculated the ratio from ABC's Financial Statements (ABC Financial Statements
REQUIRED. For each of the Ratios on the list below: 1) Provide a definition. 2) Calculated the ratio from ABC's Financial Statements (ABC Financial Statements on next page). 3) Provide analysis on whether the Ratio indicates a favourable of non-favourable result. Ratio List: 1) Current Ratio 2) Acid Test Ratio 3) Average Receivables (will have to use 2022 \& 2021) 4) Day Sales Collected 5) Average Inventory 6) Inventory Turnover 7) Debt Ratio 8) Times interest earned 9) Profit Margin Ratio 10) Return on Assets If any of these ratios were not part of you textbook or course, you are expected to conduct your independent research to provide a definition, apply the formula and provide the analysis. ABC Company BALANCE SHEET
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