Table 28.11 on the following page gives abbreviated balance sheets and income statements for Este Lauder Companies.

Question:

Table 28.11 on the following page gives abbreviated balance sheets and income statements for Estée Lauder Companies. Calculate the following ratios:

a. Return on assets.

b. Operating profit margin.

c. Sales-to-assets ratio.

d. Inventory turnover.

e. Debt–equity ratio.

f. Current ratio.

g. Quick ratio AppendixLO1

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