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2. Calculating Profitability Ratios (LO3) Teulon Inc. has sales of $18 million, total assets of $15.6 million, and total debt of $6.3 million. If the
2. Calculating Profitability Ratios (LO3) Teulon Inc. has sales of $18 million, total assets of $15.6 million, and total debt of $6.3 million. If the profit margin is 8 percent, what is net income? What is ROA? What is ROE? 13. Preparing Standardized Financial Statements (LO2) Prepare the 2014 and 2015 common-size statement of financial position for Birtle
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