Comparing the S&S Air Inc. performance with Cirrus Aircraft
...airplane industry. Negative review
Quick ratio is considerable good because it operates on the median range in the light airplane industry... Question one Current ratio=Current assets/current liabilities; 2,262,740/3,050,335=0.74 Quick ratio= (cash + account receivable)/ current liabilities; (456,435+733,125)/ 3,050,335=0.39
Cash ratio= cash and cash equivalent/current liabilities; 456,435/3,050,335= 0.15
Total asset turnover= Net sales revenue/ total asset; 40,259,230/19,986,170=2.01
Inventory turnover=Cost of goods sold/Average inventory; 29,336,230/1,073,180=27.3
Total debt ratio=Total liabilities/total assets; 8,550,355/19,986,170=0.43
Debt-equity=Total debt/Total equity; 8,550...