Question
Question
 Using the data in exhibits C2.1 and C2.3, calculate and analyze the firm’s 2012 and 2013 ratios. Enter the ratios in the table below in the 2012 and 2013 columns, respectively:
Ratio Type 
2012 
2013 
Current (times) 
3.40 
3.43 
Quick (times) 
2.18 
1.83 
Debt (%) 


Times interest earned (times) 


Inventory turnover (times) 


Total asset turnover (times) 


Average collections period (days) 


Return on equity (%) 

