Maddox Smith Staff asked 4 years ago

 Days Inventory

Required: Give the formula for each of the following ratios, then calculate each ratio for both years using supplied end of year figures:i.          Current ratioii.         Acid test ratioiii.        Days inventoryiv.        Days debtorsv.         Debt to equityvi.        Net profit margin (EBIT)vii.       Return on assetsviii.      Return on equity.