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3. Flynn Plastics Company reports the following data in its May 30, 2020 financial statements: Gross sales Current assets Long-term assets Current liabilities Long-term liabilities

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3. "Flynn Plastics Company reports the following data in its May 30, 2020 financial statements: Gross sales Current assets Long-term assets Current liabilities Long-term liabilities Owners' equity Net income Number of common shares $225,000 $ 40,000 $100,000 $16,000 $44,000 $80,000 $7,200 5,000 Compute the following ratios: current ratio (2), debt-to-equity (2), return on owners' equity (2), and earnings per share (2) Your assignment should meet guidelines given and support argument(s) by carrying out reliable and sufficient research. All sources should be cited and should include a reference page (use APA format). Clear and concise writing is expected. Zero marks will be assigned for plagiarized work and be reported. (5) Total Points 39

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