accuntinng Using the Excel template in the Financial Ratios lesson page, compute the following financial ratios of Bank of America for the year 2015. Accounts Receivable Turnover Average Collection Period Inventory Turnover Number of days of sales in inventory Profit Margin Percentage Return on Sales Current Ratio Quick Ratio Cash Ratio Asset Turnover Debt to Equity Ratio Debt to Assets Ratio Return on Assets Earnings Per Share Working Capital P/E Ratio In order to compute the Earnings Per Share ratio and the P/E Ratio, you will need the number of shares of stock outstanding and the trading price of each share of stock: Number of Shares of Stock Outstanding: 10,520,000,000 Trading Price of Each Share of Stock: $15.57 Attach your Excel spreadsheet when you are done.
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