Solution-Ratio computations and analysis vogue company

Ratio computations and analysis vogue company

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Reference no: EM131115697

Ratio Computations and Analysis Vogue Company's condensed financial statements provide the following information.

(a) Determine the following for 2010.

(1) Current ratio at December 31.

(2) Acid-test ratio at December 31.

(3) Accounts receivable turnover.

(4) Inventory turnover.

(5) Rate of return on assets.

(6) Profit margin on sales.

(b) Prepare a brief evaluation of the financial condition of Vogue Company and of the adequacy of its profits.

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Reference no: EM131115697

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Ratio computations and analysis vogue company

Reference no: EM131115697

Reference no: EM131115697

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