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What 4 major conclusions can be drawn from the ratios below about XYZ companys financial performance/conditions? Explain. Ratio 20X9 20X8 20X7 20X6 20X5 Quick (acid-test)
- What 4 major conclusions can be drawn from the ratios below about XYZ companys financial performance/conditions? Explain.
| Ratio | 20X9 | 20X8 | 20X7 | 20X6 | 20X5 |
| Quick (acid-test) ratio | 0.75 | 1.00 | 1.10 | 1.25 | 1.50 |
| Debt to equity ratio (Times) | 4.90 | 4.50 | 3.40 | 3.00 | 2.50 |
| Days to collect receivables | 100.00 | 75.00 | 40.00 | 45.00 | 50.00 |
| Return on assets ratio (%) | 22.00 | 18.00 | 16.00 | 20.00 | 25.00 |
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