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5 The financial statements of EGUL Company showed the following: Total Liabilities P600,000: Total Equity P200,000 and Net Income P60,000. You are to perform the

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5 The financial statements of EGUL Company showed the following: Total Liabilities P600,000: Total Equity P200,000 and Net Income P60,000. You are to perform the financial ratio analysis, the return on assets is (1 pt) a. 10percent b. 15percent c. 7.5percent d. 30percent - 6

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