Question
1. ABC, Inc., has net working capital of $3,000, and current liabilities of $2,000. What is the current ratio? 2. Forks, Inc., has net working
2. Forks, Inc., has net working capital of $1,520, current liabilities of $4,000, and inventory of $2,000. What is the quick ratio?
3. LPO, Inc., has sales of $40 million, total assets of $20 million, and total debt of $7 million. If the profit margin is 5 percent, what is the ROA?
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
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