Hello need help finding the ratios for this question
Use the column 20X4 Adjusted and 20X5 Unadjusted
20X5 |
20X4 |
|
Current ratio |
7.073067 |
6.503151 |
Days sales in average accounts receivable |
80.89425 |
69.39288 |
Allowance for doubtful accounts / accounts receivable |
0.010161 |
0.011248 |
Bad debt expenses / net sales |
0.006061 |
0.005224 |
Total liabilities to net worth |
3.195918 |
3.841035 |
Return on total assets (%) |
6.15 |
6.23 |
Return on net worth |
25.79% |
30.16% |
Return on net sales |
0.85% |
0.70% |
Gross profit / net sales |
22.09% |
23.16% |
Selling, operating and admin expenses / net sales |
47.68% |
48.36% |
Times interest earned |
2.654438 |
2.610323 |
Hello need help finding the ratios for this question Use the column 20X4 Adjusted and 20X5...
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