Question
The following information has been extracted from the financial statements and notes of Alice Spring Ltd. 2020 2019 Cash and Cash Equivalents 100,850 89,750 Account
The following information has been extracted from the financial statements and notes of Alice Spring Ltd.
2020 | 2019 | |
Cash and Cash Equivalents | 100,850 | 89,750 |
Account Receivable(net) | 114,230 | 112,780 |
Account Payable | 95,200 | 89,700 |
Revenue | 932,400 | 888,700 |
Cost of Goods Sold | 466,200 | 444,350 |
Profit | 73,200 | 69,500 |
Inventory | 280,100 | 275,600 |
Total assets | 670,500 | 650,800 |
Current Liabilities | 189,200 | 180,500 |
Total liabilities | 298,400 | 301,100 |
Short-term investments | 45,200 | 23,400 |
Based on the above information calculate the following ratios:
1) Return on assets for 2020.
2) Profit Margin ratio for 2020.
3) Debt to assets ratio for 2020.
4) Inventory Turnover ratio for 2020.
5) Acid-test ratio for 2020.
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