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The Cherry Corporation, a merchandising business, has been in business for several years. Following are selected data for the Cherry Corporation: Additional Information: Total Assets

The Cherry Corporation, a merchandising business, has been in business for several years. Following are selected data for the Cherry Corporation:
Additional Information: Total Assets at 12/3120x3 was $210; Total stockholders equity at 12/3120x3 was $144.
Required:
(a) Compute the following ratios for both 20x5 and 20x4:
Current ratio
Debt Ratio
Net Profit Margin Ratio
Gross Profit Ratio
Return on Equity
Dividend Yield Ratio
Use the following formulas for this problem:
Current ratio = Current Assets/Current Liabilities
Debt to Equity Ratio = Average Total Liabilities/Average Stockholders' Equity
Net Profit Margin Ratio = Net Income/Net Sales
Gross Profit Ratio = Gross Profit/Net Sales
Return on Equity = Net Income/Average Stockholders' Equity
Dividend Yield Ratio = Dividends per Share/Market Price per Share
(b) Enter the ratios calculated in parts (a) above in the table on the Excel Template
and comment on the companys overall performance and trends from 20x4 to 20x5.

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