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Selected information from the 2014 and 2013 financial statements of Simple Unit Corporation is
presented below: Please compute the following ratios for Simple Unit Corporation as of
December 31, 2014. Round your answers to two decimal places. a. Current ratio b. Accounts
receivable turnover c. Inventory turnover d. Asset turnover e. Times interest earned

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Selected information from the 2014 and 2013 financial statements of Si.docx

  • 1. Selected information from the 2014 and 2013 financial statements of Simple Unit Corporation is presented below: Please compute the following ratios for Simple Unit Corporation as of December 31, 2014. Round your answers to two decimal places. a. Current ratio b. Accounts receivable turnover c. Inventory turnover d. Asset turnover e. Times interest earned