Yadier NV's comparative statements of financial position are presented below. YADIER NV Statements of Financial Position December
Question:
YADIER NV
Statements of Financial Position
December 31
Yadier's 2017 income statement included net sales of ¬100,000, cost of goods sold of ¬ 60,350, and net income of ¬14,000.
Instructions
Compute the following ratios for 2017.
(a) Current ratio.
(b) Acid-test ratio.
(c) Accounts receivable turnover.
(d) Inventory turnover.
(e) Profit margin.
(f) Asset turnover.
(g) Return on assets.
(h) Return on ordinary shareholders' equity.
(i) Debt to assets ratio?
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Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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