ACCN 2

Based on pages 776-785 in your textbook, calculate one ratio from each of the following groups (three ratios total) for 2018 for Smart Touch Learning:

• Ability to Pay Current Liabilities
• • Current Ratio
  • Cash Ratio
• Ability to Pay Long-Term Debt
• • Debt Ratio
  • Debt-to-Equity Ratio
• Profitability
• • Profit Margin Ratio
  • Rate of Return on Total Assets

What do these results tell you? How will you use this information in planning and decision making?

      note please read all the information correctly and carefully before you begin doing the assignment.  I have uploaded the pages 776 through 785 that you would need to read in order to complete the assignment.