
a.
To calculate: Inventory turnover for the year 2017 of firm FC and interpret the results.
b.
To calculate: Days’ sales in receivables for the year 2017 of firm FC and interpret the results.
c.
To calculate: Acid-test ratio for the year 2017 of firm FC and interpret the results.
d.
To calculate: Times-interest-earned ratio for the year 2017 of firm FC and interpret the results.
e.
To calculate: Gross profit percentage for the year 2017 of firm FC and interpret the results.
f.
To calculate: Operating income percentage for the year 2017 of firm FC and interpret the results.
g.
To calculate: Return on
h.
To calculate: Earnings per share for the year 2017 of firm FC and interpret the results.
i.
To calculate: Price/earnings ratio for the year 2017 of firm FC and interpret the results.

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Chapter 14 Solutions
Managerial Accounting, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (5th Edition)
- Managerial Accounting: The Cornerstone of Busines...AccountingISBN:9781337115773Author:Maryanne M. Mowen, Don R. Hansen, Dan L. HeitgerPublisher:Cengage Learning
