15. Financial ratios (S29.2S29.5) Look again at Table 29.8, which gives abbreviated balance sheets and income statements
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15. Financial ratios (S29.2–S29.5) Look again at Table 29.8, which gives abbreviated balance sheets and income statements for Walmart. Assume Walmart had a 21% corporate tax rate in 2019. Calculate the following using balance-sheet figures from the start of the year:
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.
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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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