Question

"given the profit loss (income statement) and balance sheet for Sam's sandwich delivery(table 4-8), answer the following: a. calculate the current and quick ratios. b. using the inventory figure on the balance sheet as average inventory, calculate the inventory turnover ratio. c. calculate the debt-to-equity ratio, debt-to-total-asset ratio, and operating profit margin ratio. d. perform a vertical analysis of the income statement."

Answer 1

Without table 4-8, how do you expect us to help you?