You have the following financial statements of your company for the year ended 2016 and 2017:
Prepare a report for Board of Directors that includes the following:
Calculate following ratios: current ratio, quick ratio, asset turnover, profitability ratios (profit margin, gross profit margin) receivable turnover ratio, payable turnover, return on assets, return on equity, earning per share, debt equity ratio, price earning ratio and dividend yield ratio.
Interpret financial ratios, compare and make your recommendation as a financial manager.
