Asked by Rosalie
I don't understand how I'm suppose to properly write this.
Ratio 2009 2008
Current Ratio .89 1.13
Debt-to-Equity 527% 240%
Earnings Per Share $.96 $1.37
We can use financial ratios to evaluate a company's performance over time. Based on the 3 ratios above, how has the financial performance of DirecTV improved from 2008 to 2009? Are there any indications that it hasn't improved from year-to-year? Explain your answer using what you know about each of the three ratios.
Ratio 2009 2008
Current Ratio .89 1.13
Debt-to-Equity 527% 240%
Earnings Per Share $.96 $1.37
We can use financial ratios to evaluate a company's performance over time. Based on the 3 ratios above, how has the financial performance of DirecTV improved from 2008 to 2009? Are there any indications that it hasn't improved from year-to-year? Explain your answer using what you know about each of the three ratios.
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