Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the cash flow statement: Required Calculate the following...


Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the cash flow statement:





Required Calculate the following liquidity ratios for Metro Eagle in 2018 and 2019:


1. Inventory turnover.


2. Current ratio.


3. Quick ratio.


4. Cash flow ratio.

Nov 22, 2021
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