Financial Statement Analysis Using the financial statements for Jones Corporatio
ID: 2344786 • Letter: F
Question
Financial Statement AnalysisUsing the financial statements for Jones Corporations and Smith Corporation (see below), calculate six ratios for both companies and then do two types of analysis. Use the financial ratio information from the textbook and prepare the following ratios for each company:
Current Ratio Gross Profit Margin
Net Profit Margin Return on Equity
Inventory Turnover Debt
Note:
Inventory Turnover can be calculated as Cost of Goods Sold/Average Inventory or Sales/Inventory. Use the COGS formula with the final inventory instead of average inventory.
Return on Equity can be calculated as Net Income/Average Equity or Net Income/Stockholder
Explanation / Answer
Hi, I know you need help with this but most people won't answer it for 350 points. If you break it up into multiple questions I will help you.
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