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4. Given the following financial data: net income sales-696 sales total assets-2s, and debt/total assets 25%, compute the return on assets and return on equity.

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4. Given the following financial data: net income sales-696 sales total assets-2s, and debt/total assets 25%, compute the return on assets and return on equity. 5. Harding Corp. has to cover a $65,000 sinking fund payment. The firm is in the 35% tax bracket, and the treasurer wants to know how much before-tax income is required for the firm to cover its sinking fund

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