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use the balance sheet and income statement for the J.P. Robards msg. company to calculate the following ratios. please see attachment Question 8. (15 points

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use the balance sheet and income statement for the J.P. Robards msg. company to calculate the following ratios. please see attachmentimage text in transcribed

Question 8. (15 points tota for the J. P. Robard Mfg. Co Oeratin Oeratin Current ratio Round to two decimal lacee) Times interest earned (Round to two decimal places.) Inventor turnover(Round to two decimal Macesl) Total asset turnover (Round to two decimal Jlaceal Debt ratio Averae collection eriod (Round to one decimal placee) Fixed asset turnover (Round to two decimal places.) Return on euit 'Round to one decimal places.' BBA 3301 Unit V Assignment l) (Calculating financial ratios) Use the balance sheet mpany to calculate the following ratios: rofit marin (Round to one decimal laces) return on assets (Round to one decimal rJlacee. (Round to one decimal places.) Jt p. Robard mg, Inc. Balance Sheet (SOW) l, C ash Accounts receivable ' Inventories Accommts payable Accmed expenses Short-term notes pai'abie Current Habflities Lang-term debt Omaers' equity T ot"! liabilities and ovmers' equity P. ecm mg, Inc, ' mom statement xi r Xe't saints (afi credit) Case of salad and income statement

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