Evaluate Barnes & Noble's financial performance for 2007 and 2008 using financial ratios. Calculate the following ratios for each year:
Be sure to discuss the trend for each of the above ratios.
See link for report: http://www.barnesandnobleinc.com/for_investors/annual_reports/Barnes_%26_Noble_2007_Annual_Report.pdf© BrainMass Inc. brainmass.com June 3, 2020, 11:04 pm ad1c9bdddf
2007: Current Ratio = = = 1.29
2008: Current Ratio = = = 1.24
The trend for current ratio decreases.
2007: Debt ratio = = = 63.56%
2008: Debt ratio = = = 66.93%
The debt ratio trend is ...
This solution provides calculations for financial ratios and a trend analysis.