Question: Use the information contained in your selected organization's balance sheet and income statement to calculate the following ratios:
1) Liquidity ratios
a) Current ratio
b) Acid-test (quick) ratio
c) Receivables turnover
d) Inventory turnover
2) Profitability ratios
a) Asset turnover
b) Profit margin
c) Return on assets
d) Return on common stockholders' equity
3) Solvency ratios
a) Debt to total assets
b) Times interest earned
Attachment:- bal sheet income stmt huffman trucking.rar