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The Stair Company sells a variety of consumer products. The firm's comparative income statement and balance sheet for the years 2 0 2 2 and
The Stair Company sells a variety of consumer products. The firm's comparative income statement and balance sheet for the years and follow.
Required:
Complete both a horizontal and a vertical analysis of comparative income statement for the years and
Complete both a horizontal and a vertical analysis of comparative balance sheet for the years and
Calculate the following ratios:
Calculate the current ratio for and
Calculate the acidtest ratio for and
Calculate the inventory turnover for and
Calculate the return on sales for and
Calculate the earnings per share of common stock for and
Calculate the book value per share of common stock for and
Calculate the return on total assets for and
Calculate the ratio of stockholders' equity to total equities for and
Calculate the rate of return on stockholders' equity for and
Calculate the asset turnover for and
Complete a detailed analysis report of the company's performance that includes your calculations, as well as a professionallywritten evaluation of the results. Look at the improvement or decline from year one to year two. Also, analyze the overall health of the organization.
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