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Using the following data, compute the current rati...

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Using the following data, compute the current ratio. Return on sales, asset turnover, and return on equity. Accounts Payable $ 3,500 Accounts Receivable 6,000 Building 65,000 Cash 2,100 Capital Stock 24,300 Inventory 4,100 Land 14,000 Long-Term Notes Payable 32,000 Market Value of Equity 103,000 Net Income 10,000 Retained Earnings (ending) 24,000 Sales 105,000 Short-Term Notes Payable 5,700 Stockholders' Equity 48,300 Unearned Revenue 1,700 Round your answer to two decimal places.

 

Paper#8041 | Written in 18-Jul-2015

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