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The company’s debt-equity ratio is way below the industrial average for both recent financial years 

The company’s debt-equity ratio is way below the industrial average for both recent financial years Tina Memsic Jun 23, 2021 at 10:55 PM Exxon Mobil FY 2018 and FY2019 Debt-Equity-Ratio Debt-Equity-Ratio = Debt/Equity 2018 = $147,670,000,000/$198,525,000,000 =0.74 2019 =$163,660,000,000/$198,938,000,000 =0.82 Times Interest Earned Ratio Times Interest Earned Ratio = EBIT/Total Interest Expense 2018 =$20,886,000,000/$766,000,000 =27.27 … Read more

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The current ratio tells you the liquidity of a company based on assets that are readily available to be converted to cash in relation to the liabilities owed within the year.

The current ratio tells you the liquidity of a company based on assets that are readily available to be converted to cash in relation to the liabilities owed within the year. Abigail Kilgore Current Ratio = current assets / current liabilities Quick Ratio = quick assets / current liabilities Quick assets = 8249 – 730 … Read more

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Analyze the financial statements for Signet Jewelry

Analyze the financial statements for Signet Jewelry Rebecca Cline Continue to analyze the financial statements for Signet Jewelry for this week’s discussion. Current ratio 2020 = 1.91 Quick ratio 2020 = .50 Current ratio 2019 = 2.76 Quick ration 2019 = .45 IBISWorld Current Ratio 2020 = 1.6 IBISWorld Current Ratio 2019 = 1.6 IBISWorld … Read more

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Calculate the current ratio and quick ratio for the latest two years

Calculate the current ratio and quick ratio for the latest two years Prior to beginning work on this discussion forum, read Chapter 9 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits. Using the same company and annual reports that you chose for your Week 1 – Discussion Forum, Reading … Read more

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