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a. Interpret the trend in JKL Enterprises' operating profit margin over the past three years based on the following data: Year 20X3: 15% Year 20X4:
a. Interpret the trend in JKL Enterprises' operating profit margin over the past three years based on the following data:
- Year 20X3: 15%
- Year 20X4: 12%
- Year 20X5: 10% b. Discuss the implications of a declining current ratio for JKL Enterprises over the past two years:
- Year 20X4: 2.5
- Year 20X5: 1.8 c. Analyze the effect of an increasing debt-to-equity ratio on JKL Enterprises' financial leverage over the past three years:
- Year 20X3: 0.6
- Year 20X4: 0.8
- Year 20X5: 1.0
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International Financial Statement Analysis CFA Institute Investment Series
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
1st Edition
0470287667, 978-0470287668
