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1) How can profitability ratios allow insight into the effectiveness of management? Liquidity ratios? Activity ratios? Leverage ratios? 2) The sales projection for your retail

1) How can profitability ratios allow insight into the effectiveness of management? Liquidity ratios? Activity ratios? Leverage ratios?

2) The sales projection for your retail business is $840,000. The industry average for the asset turnover ratio is six. How much inventory should you plan to stock?

please answer these questions but do not copy solution exactly from online.

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