Balance Sheet MS High Tech Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets Plant amp; Equipment...

Hi Erylee88,

I would like to utilize your service again. Same format different questions.

Please find attached document for your review. Let me know.

Thank you,

Sam

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Use Davis Products' 2015 and 2016 annual balance sheets and income statements data to calculate two years' ratios in the "Ratios" worksheet.

(1) Calculate liquidity ratios, efficiency ratios, leverage ratios, coverage ratios, profitability ratios, and Z-score;

(2) Design the Ratio Analysis Expert System:

We define "Good" if a 2016 financial ratio is better than the 2015 ratio AND the industry average in 2016;

"OK" if a 2016 financial ratio is better than the 2015 ratio OR the industry average in 2016;

"Unacceptable" for all other situations

(3) Compute the economic profit of the company.

(4) Analyze the ratio performance of the company and discuss your findings briefly.