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Compute the given ratios for ness company

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Question: The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below.

2122_Ness.png

Compute the following ratios for 2017 and 2016.

(a) Current ratio.

(b) Inventory turnover. (Inventory on December 31, 2015, was $340.)

(c) Profit margin.

(d) Return on assets. (Assets on December 31, 2015, were $1,900.)

(e) Return on common stockholders' equity. (Equity on December 31, 2015, was $900.)

(f) Debt to assets ratio.

(g) Times interest earned.

Reference no: EM131837537

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