following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. a)Current ratio 564 880 / 351 100 = 1.6 times b)Profit margin 102 500 / 2 900 000 = 3.5% c)Stock turn-over 1 750 000 / 135 230 =12.94 times
following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. a)Current ratio 564 880 / 351 100 = 1.6 times b)Profit margin 102 500 / 2 900 000 = 3.5% c)Stock turn-over 1 750 000 / 135 230 =12.94 times
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. The following ratios of a business are given to you. You are requested to interpret and do the
financial judgement based on your understanding.
a)Current ratio 564 880 / 351 100
= 1.6 times
b)Profit margin 102 500 / 2 900 000
= 3.5%
c)Stock turn-over 1 750 000 / 135 230
=12.94 times
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