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For each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or unfavorable. Ratio 1. Profit margin 2. Debt ratio 3. Gross margin 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield Current Year $ 9% 55 % 36 % 1.20 5.0 1.20 5.0 4.0 % Prior Year $ 7% 54 % 45 % 1.23 6.3 1.08 4.9 3.8 % Change

For each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or unfavorable. Ratio 1. Profit margin 2. Debt ratio 3. Gross margin 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield Current Year $ 9% 55 % 36 % 1.20 5.0 1.20 5.0 4.0 % Prior Year $ 7% 54 % 45 % 1.23 6.3 1.08 4.9 3.8 % Change

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...
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For each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or unfavorable. Ratio 1. Profit margin 2. Debt ratio 3. Gross margin 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield Current Year $ 9% 55 % 36 % 1.20 5.0 1.20 5.0 4.0 % Prior Year $ 7 % 54 % 45 % 1.23 6.3 1.08 4.9 3.8 % Change
Transcribed Image Text:For each ratio listed, identify whether the change in ratio value from the Prior Year to the Current Year is usually regarded as favorable or unfavorable. Ratio 1. Profit margin 2. Debt ratio 3. Gross margin 4. Acid-test ratio 5. Accounts receivable turnover 6. Basic earnings per share 7. Inventory turnover 8. Dividend yield Current Year $ 9% 55 % 36 % 1.20 5.0 1.20 5.0 4.0 % Prior Year $ 7 % 54 % 45 % 1.23 6.3 1.08 4.9 3.8 % Change
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