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The 2018 financial statements of Amalgam Inc. appear below Required: Using the financial statements provided, compute the following ratios for Amalgam for 2018. Show all

The 2018 financial statements of Amalgam Inc. appear below

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Required: Using the financial statements provided, compute the following ratios for Amalgam for 2018. Show all computations.

a. Current ratio

b. Acid-test ratio

c. Accounts receivable turnover

d. Profit margin

e. Return on assets

Amalgam Inc. Comparative Statements of Financial Position December 31, 2018

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