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* * * * 1 . Financial Ratios: Calculate the debt ratio for a company with total liabilities of $ 4 0 0 , 0

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1.Financial Ratios:
Calculate the debt ratio for a company with total liabilities of $400,000 and total assets of $800,000.
2.Income Statement Analysis:
If a company's total revenue is $1,000,000, cost of goods sold is $400,000, operating expenses are $300,000, interest income is $10,000, and taxes are $100,000, what is the net income?
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