Required: Page 652 1. Was NGS more profitable in 2018 or 2017? Use the gross...
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Accounting
Required: Page 652 1. Was NGS more profitable in 2018 or 2017? Use the gross profit percentage, return on equity, and fixed asset turnover ratio to help in making a decision (round each ratio to two decimal places). 2. Was NGS more liquid in 2018 or 2017? Use the current ratio to help in making a decision (round each ratio to two decimal places). 3. Was NGS more solvent in 2018 or 2017? Use the debt-to-assets ratio and times interest earned ratio to help in making a decision (round each ratio to two decimal places). Required: Page 652 1. Was NGS more profitable in 2018 or 2017? Use the gross profit percentage, return on equity, and fixed asset turnover ratio to help in making a decision (round each ratio to two decimal places). 2. Was NGS more liquid in 2018 or 2017? Use the current ratio to help in making a decision (round each ratio to two decimal places). 3. Was NGS more solvent in 2018 or 2017? Use the debt-to-assets ratio and times interest earned ratio to help in making a decision (round each ratio to two decimal places)
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