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    Computing Financial Ratios LIFO Reserve

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    Compute the following for 2004, without considering the LIFO reserve
    Liquidity
    1. Days' sales in invetory
    2. Merchandise inventory turnover
    3. inventory turnover in days
    4. operating cycle
    5. working capital
    6. current ratio
    7. acid test ratio
    8. cash ratio

    Debt
    1. Debt Ratio
    2. Debt / Equity Ratio
    3. Times Interest Earned

    Profitability
    1. Net Profit Margin
    2. Total Asset Turnover
    3. Return on Assets
    4. Return on total equity

    Compute the Liquidity ratios considering the LIFO reserve
    Liquidity
    1. Days' sales in invetory
    2. Merchandise inventory turnover
    3. inventory turnover in days
    4. operating cycle
    5. working capital
    6. current ratio
    7. acid test ratio
    8. cash ratio

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    The LIFO reserve (also called the adjustment to LIFO) is the difference between the LIFO and FIFO methods at any given point in time. Add that amount to reported LIFO inventory to calculate FIFO inventory. ...

    Solution Summary

    The solution calculates numeral financial ratios.

    $2.49

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