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Balance Sheet Income Statement Requirements 1. Compute the following ratios for 2024 and
2023 : a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross
profit percentage f. Debt to equity ratio g. Rate of return on common stockholders' equity h.
Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Dangerfield's
ability to pay debts and to sell inventory improved or deteriorated during 2024 and (b) whether
the investment attractiveness of its common stock appears to have increased or decreased.

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