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Earned 2.71 2.69 2.41 Asset Turnover 1.29 1.33 1.37 Profit Margin 0.026 0.028 0.0072 Return on Assets 0.034 0.03 0.0099 Assets/Equity Ratio 5.91 6.75 5.72 Return on Equity 0.0053 0.0075 0.00041 What are the strengths and weaknesses of this company financial performance

Earned 2.71 2.69 2.41 Asset Turnover 1.29 1.33 1.37 Profit Margin 0.026 0.028 0.0072 Return on Assets 0.034 0.03 0.0099 Assets/Equity Ratio 5.91 6.75 5.72 Return on Equity 0.0053 0.0075 0.00041 What are the strengths and weaknesses of this company financial performance

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2008

2007

2006

Current Ratio

0.38

0.36

0.44

Debt Ratio

0.83

0.85

0.86

Debt/Equity Ratio

4.9

5.75

4.94

Times Interest Earned

2.71

2.69

2.41

Asset Turnover

1.29

1.33

1.37

Profit Margin

0.026

0.028

0.0072

Return on Assets

0.034

0.03

0.0099

Assets/Equity Ratio

5.91

6.75

5.72

Return on Equity

0.0053

0.0075

0.00041

What are the strengths and weaknesses of this company financial performance

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