Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For exa answers should look like -0.05 or 1.33. Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016: Current Assets Current Liabilities 6,086 5,914 8,137 Year 2014 2015 2016 ROA ROE Current Ratio 2016 0.78 % 8,532 8,516 10,397 2015 0.69 % 2014 0.71 de de
Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For exa answers should look like -0.05 or 1.33. Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016: Current Assets Current Liabilities 6,086 5,914 8,137 Year 2014 2015 2016 ROA ROE Current Ratio 2016 0.78 % 8,532 8,516 10,397 2015 0.69 % 2014 0.71 de de
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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
Transcribed Image Text:Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example,
answers should look like -0.05 or 1.33.
Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016:
Year
2014
2015
2016
Current Assets Current Liabilities
6,086
5,914
8,137
ROA
ROE
Current Ratio
2016
0.78
%
%
8,532
8,516
10,397
2015
0.69
%
%
2014
0.71
%
%
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