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1. . 2. If Kraffty Inc. has a profit margin of 12.3 percent, total asset turnover of 1.24 and ROE of 33.7 percent, what is
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If Kraffty Inc. has a profit margin of 12.3 percent, total asset turnover of 1.24 and ROE of 33.7 percent, what is the firm's debt-equity ratio? 0.53 0.84 O 0.47 O 0.71 O 1.21 The equity portion of a company's balance sheet for end of 2017 and 2018 is shown below: 2017 2018 Common Stock (0.40 par) $4,520,000 $5,060,000 Capital Surplus $13,600,000 $29,870,000 Retained Earnings $1,967,500 $4,492,000 Calculate the average price per share at which new shares were sold in 2018. $21.43 $12.05 $21.64 $12.45 O $13.92Step by Step Solution
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