Read Textbook & review Powerpoint presentations:
Answer the questions required by Mini Case 15-69 located at end of Chapter 15 (reproduced bellow).
4/17/23, 3:38 PM
OneNote
Case 15-69
Monday, April 17, 2023 3:36 PM
Case 15-69 Interpreting the Meaning of Ratios from the Financial Statements
Objective 2, 3, 4, 5
Using the Internet, locate the most recent financial statements for two companies from the same
industry. Find (or calculate) the ratios listed below, and compare the two companies. (If you cannot
calculate a particular ratio, explain why.) Which company do you think is performing better? Why?
1. Current ratio
2. Quick ratio
3. Accounts receivable turnover ratio
4. Inventory turnover ratio
5. Turnover in days
6. Times-interest-earned ratio
7. Debt ratio
8. Debt-to-equity ratio
9. Return on sales
10. Return on assets
11. Return on stockholders’ equity
https://fnu-my.sharepoint.com/personal/gdeschryver_fnu_edu/_layouts/15/Doc.aspx?sourcedoc={6fd0f696-c6ba-4c1c-a280-a1db59…
1/1