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A Required information (The following information applies to the questions displayed below.) The comparative financial statements for Chinook Company are below 117, see le2 ,
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Required information (The following information applies to the questions displayed below.) The comparative financial statements for Chinook Company are below 117, see le2 , 2aa 26, leo $ 6,2e $ 8, laa 42, 2e 48, see 17, leo 46, leo Income statement Sales revenue Cost of goods sold Gross profit Operating expenses Pretax income Income tax net income Balance sheet Cash interest expense Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (interest rate: 12%) Common stock ($5 par value, 7, lea shares outstanding) Retained earnings Total liabilities and stockholders' equity Year 2 $ 212,e 94, see 58,2eo 36, see la, 2eo 15, leo $ 111,800 35, see 13, leo $ 111,800 Year $ 172,5aa 70, Baa 54, laa 16,2aa 5, laa $ 11, laa 19, laa 38 , 4aa 40, 2aa $ les,8aa S 18, laa 46, laa 35, saa s, laa S les,8aa 2. Compute return on assets, total asset turnover, and the net profit margin for Year 2. Note: Round your answers to 2 decimal places. Return on assets Total asset turnover Net profit margin
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