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Use the companys financial data to answer the questions. 1. Calculate the firms current ratio during 2007. 2. What is the firms times interest earned

Use the companys financial data to answer the questions.

image text in transcribed

image text in transcribed 1. Calculate the firms current ratio during 2007.

2. What is the firms times interest earned (TIE) ratio during 2007?

3. What is the firms inventory turnover ratio in 2007?

4. What is the firms net profit margin in 2007?

Balance Sheets as of December 31,2006 and 2007

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