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You are an analyst for Winds of Fortune Bank. Paul's Manufacturing, Inc. has come to you for a loan. Open the attached Excel file and
You are an analyst for Winds of Fortune Bank. Paul's Manufacturing, Inc. has come to you for a loan. Open the attached Excel file and compute the following ratios: Current Ratio, Quick Ratio, Inventory Turnover, Average Collection Period, Debt Ratio, Times Interest Earned, Net Profit Margin, Return on Assets, Return on Equity & Earnings per Share. Then, indicate if each ratio has improved or declined from to You may calculate your ratios here or on a spreadsheet or document and then email to me Make sure that you show your work, otherwise a wrong answer won't receive partial credit. Finish the assignment by determining if you will authorize the loan.
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