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The following is the balance sheet and income statement for Metro Eagle Outfitters in a) Calculate the following ratios for Metro Eagle in 2020 and
The following is the balance sheet and income statement for Metro Eagle Outfitters in a) Calculate the following ratios for Metro Eagle in 2020 and 2021 and provide detail steps of calculation: 1. Inventory turnover. 2. Quick ratio. 3. Gross Profit Margin 4. ROA 5. ROE 6. Cash Flow Ratio b) How liquid is Metro Eagle Outfitters at the end of fiscal 2020 and 2021? In general, what are some of the considerations that a company makes in managing its liquidity
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