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Indicate whether the change in the ratios is favorable or unfavorable.
Solvency Ratios: 2015 2014
Working Capital: 124,712-49,858= $74,854 114,246-45,625= $68,621
Current Ratio: 124,712/49,858= 2.50 114,246/45,625= 2.50
Ratio Liabilities to
Long-term assets: 96,140/176223= 54.6% 82,600/172384= 47.9%
Quick Ratio: 96,526 /49,858= 1.94 85,709/45,625= 1.88
Ratio of Fixed Assets
to Long-Term Liabilities: 51,511/46824= 1.11 58158/36,975= 1.57
Answer & Explanation
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