Description
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course project part 2
Prepare a common-size |
2. | For the profitability analysis, compute McDonough Products’ (a) ratio of gross profit to net sales (b) ratio of operating income to net sales, and (c) ratio of net income to net sales. Compare these figures with the industry averages. Is McDonough Products’ profit performance better or worse than the average for the industry? |
3. | For the analysis of financial position, compute McDonough Products’ (a) Current ratio and (b) Debt ratio. Compare these ratios with the industry averages. Is McDonough Products’ financial position better or worse than the average for the industry? Course Project 2 – Overview and Guidelines.equella.ecollege.com/file/f5c1ff72-d3b4-4c01-9043-04c0a7315bd6/1/ACCT212_CH_CourseProject.html#top”>Back to Top Course Project 2 satisfies the course description. At the end of Course Project 2, you will be able to prepare common-size statements, analyze profitability; and make comparisons with the industry allowing you to make informed business decisions. Course Project 2 is due at the end of Week 7. The Course Project 2 template has all of the information you will need to complete the project including:
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