Assignment Help - homework help

For each ratio listed identify whether the change in ratio


Question: For each ratio listed, identify whether the change in ratio value from 2010 to 2011 is usually regarded as favorable or unfavorable.

Ratio                                                    2011                 2010

1. Profit margin                                        8%                   6%

2. Debt ratio                                          45%                  40%

3. Gross margin                                      33%                  45%

4. Acid-test ratio                                   0.99                  1.10

5. Accounts receivable turnover               5.4                    6.6

6. Basic earnings per share                     $1.24                 $1.20

7. Inventory turnover                              3.5                      3.3

8. Dividend yield                                     1%                   0.8%

Solution Preview :

Prepared by a verified Expert
Accounting Basics: For each ratio listed identify whether the change in ratio
Reference No:- TGS02331563

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)