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The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement.
The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement.
tableBalance Sheet,Cash and shortterm investments,$$$Accounts receivable,InventoryOther current assets,Total current assets,Longlived assets,Total assets,$$$Current liabilities,$$$Total liabilities,Shareholders equity,Total liabilities and equity,$$$Income StatementSales$$$Cost of sales,Gross margin,$$$Operating expenses,Earnings before interest and taxes,$$$Net income,$$$Interest paid in cash,Taxes paid in cash,Cash FlowsCash flow from operations,$$$Capital expenditures,Dividends Required:
Calculate the following liquidity ratios for Metro Eagle in and :
Inventory turnover.
Current ratio.
Quick ratio.
Cash flow ratio.
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