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What 6 major conclusions can be drawn from the ratios below about the companys future?...

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Question

Accounting

  1. What 6 major conclusions can be drawn from the ratios below about the companys future? Explain.

(6 marks)

Ratio

20X9

20X8

20X7

20X6

20X5

Current ratio

2.08

2.26

2.51

2.43

2.50

Quick ratio

.97

1.34

1.82

1.76

1.64

Profit before taxes divided by interest expense

3.50

3.20

4.10

5.30

7.10

Days to collect receivables

108.20

83.10

105.20

80.60

71.60

Days to sell inventory

172.60

195.10

133.90

107.80

108.30

Net profit divided by ordinary equity

.05

.06

.10

.10

.11

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