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The following selected information is available for Canfor Corporation, a British Columbia-based forest products company, for three fiscal years (in $ millions): Current assets Current
The following selected information is available for Canfor Corporation, a British Columbia-based forest products company, for three fiscal years (in $ millions): Current assets Current liabilities Sales Cost of goods sold Net income 2018 $1,349.3 512.2 5,044.4 3.244.5 439.0 2017 $1,207.0 519.8 4,563.3 2,959.9 393.6 2016 $986.9 502.3 4,234.9 2.947.2 203.9 (a) Calculate the current ratio, gross profit margin, and profit margin for each year. (Round answers to 1 decimal place, e.g. 1.5.) 2018 2017 2016 1 Current ratio de % Gross profit margin 96 96 Profit margin
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