FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Instructions:
I. Resolve the ratios listed on table a for each year (2020 & 2021):
a. For each ratio includes the formula with math computes (2020 & 2021)
b. . Fill M&G Industries Ratio Analysis Table A. (2020 & 2021)
II. Perform the following Analysis:
a. Explain each ratio results for 2021 only.
b. Compare each ratio performance with the previous year results (compare 2021 results with 2020 results)
c. Compare each Ratio results for 2021 with their respective Industry average.
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