Question

I need someone to calculate the 2019 current ratio, quick ratio, times interest earned ratio, and return on stockholders equity with the 2 statements i have screenshotted.

WP A.7 WHEELS-4-U CORPORATION CONSOLIDATED BALANCE SHEETS ($000 except share data) 12/31/20x9 12/31/20x8 ASSETS Current Asset

1.76% 5,152 879 8,460 17,804 606 173,534 542 31,692 9,158 5,389 220,315 0.30% 2.89% 6.08% 0.21% 59.23% 0.19% 10.82% 3.13% 1.8DI 78, 258 79,872 17.88% 18.25% 65,573 57,374 17.73% 15.52% (1,614) -0.37% 8,199 2.22% 5,990 (363) (730) (6,511) Gross profit

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Answer #1

1) Current Ratio = Connent Asut Connect Liabilitig 3 극 = 174210 1.003 173534 Quick Ratio = Current Assets - Inventory Current

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