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The following financial information is for Sunland Company. Additional information: Compute the liquidity and profitability ratios of Sunland Company for 2018 and 2019 . (Round
The following financial information is for Sunland Company. Additional information: Compute the liquidity and profitability ratios of Sunland Company for 2018 and 2019 . (Round all answers to 2 decimal ploces, eg. 1.83 or 1.83\%. If \% change is a decrease show the numbers as negative, es. 1.83% or (1.83\%). The foliowing are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2019, and (2) as of December 31, 2020, after giving effect to the situation. (Round all answers to 2 decimal ploces, eg. 1.83 or 1.83%. I \% change is a decrease show the numbers as negative, es 1.83% or (1.83%6) Inventory turnover times. times \begin{tabular}{|lcc|} 2018 & 2019 & xchange \\ \hline \end{tabular} PROFITABILITY Profit margin Asset turnover times times Returnon assets % \& Earnines per share $ 5 (b)
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