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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