The Buckle, Inc.

RWP$12-3$ Financial information for Buckle is presented in Appendix B at the end of the book. Required:

Calculate the following risk ratios for the most recent year:

a$.$ Receivables turnover ratio.

b$.$ Average collection period.

c$.$ Inventory turnover ratio.

d$.$ Average days in inventory.

e$.$ Current ratio.

f$.$ Acid$-$test ratio.

g$.$ Debt to equity ratio.

Calculate the following profitability ratios for the most recent year:

a$.$ Gross profit ratio.

b$.$ Return on assets.

c$.$ Profit margin.

d$.$ Asset turnover.

c$.$ Return on equity.