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What 3 major conclusions can be drawn from the ratios below about the companys future? Explain. (3 marks) Ratio 20X1 20X2 20X3 20X4 Current ratio
- What 3 major conclusions can be drawn from the ratios below about the companys future? Explain.
(3 marks)
| Ratio | 20X1 | 20X2 | 20X3 | 20X4 |
| Current ratio |
1.75 |
1.53 |
1.58 |
1.23 |
| Quick ratio |
1.05 |
0.85 |
0.89 |
0.68 |
| Return on assets |
0.07 |
0.06 |
0.07 |
-0.10 |
| No. | Major conclusions about the companys future |
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Critical Marketing Audit The Case Of Apple Inc.
Authors: Joseph Katie
1st Edition
365637712X, 978-3656377122
