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Financial Statements and Ratios - Happy Hamburger
Happy Hamburger Company
Using the financial statements for Happy Hamburger Company below:
- Calculate the indicated ratios for Happy Hamburger.
- Discuss Happy Hamburger’s strengths and weaknesses as revealed by your analysis.
- Suppose Happy Hamburger doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis?