View the financial ratios, and write a 100 word minimum analysis in complete sentences interpreting at least one ratio from each category provided. (i.e. select at least one liquidity ratio and one profitability ratio to interpret) Period Ending:12/31/202012/31/201912/31/201812/31/2017Liquidity Ratios Current Ratio188%113%83%86%Quick Ratio159%80%52%56%Cash Ratio136%59%39%46%Profitability Ratios Gross Margin21%17%19%19%Operating Margin6%0%0%0%Pre-Tax Margin4%0%0%0%Profit Margin2%0%0%0%Pre-Tax ROE5%0%0%0%After Tax ROE3%0%0%0%

The balance sheet consists of Assets which includes noncurrent assets, Current assets and…

Answered: Period Ending: 12/31/2020 12/31/2019…

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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View the financial ratios, and write a 100 word minimum analysis in complete sentences interpreting at least one ratio from each category provided. (i.e. select at least one liquidity ratio and one profitability ratio to interpret)

Period Ending:	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Liquidity Ratios
Current Ratio	188%	113%	83%	86%
Quick Ratio	159%	80%	52%	56%
Cash Ratio	136%	59%	39%	46%
Profitability Ratios
Gross Margin	21%	17%	19%	19%
Operating Margin	6%	0%	0%	0%
Pre-Tax Margin	4%	0%	0%	0%
Profit Margin	2%	0%	0%	0%
Pre-Tax ROE	5%	0%	0%	0%
After Tax ROE	3%	0%	0%	0%

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