Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per
1 answer:
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Answer:
c)Company is not performing well as we can observe that % change in sales and gross profit are increasing year by year. Return on equity is almost same year by year
There is no much risk associated with company
Explanation:
1)Current Ratio = current assets/current liability
2)return on equity= net profit/equity
3)Net Income(%)=net income/sales
4)Fixed Asset Turnover= Sales/Fixed asset
5)Debt ratio=debt/assets
