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1. Complete the accounting equation for Business Solutions using the dollar amounts at December 31, 2020 in this format: =$ 2. In discussing Business Solutions
1. Complete the accounting equation for Business Solutions using the dollar amounts at December 31, 2020 in this format: =$ 2. In discussing Business Solutions latest financial statements, you as the manager, say that it is the "the net income results on the bottom line" that really count. What do you mean? Which financial statement are you referring to? 3. Compute the Profit Margin for December 31, 2020 for Business Solutions. Show the computation. Is Business Solutions profit margin satisfactory? Explain your answer. HINT: for net sales use total revenue. 4. Calculate the Current Ratio for Business Solutions on December 31, 2020. Show the computation. Will Business Solutions be able to pay for its obligations in the near future
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