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A recent balance sheet of Save-A-Lot Supplies is provided as follows. EXERCISE 5.10 Measuring and Evaluating Profitability and Liquidity Compute and discuss briefly the significance

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A recent balance sheet of Save-A-Lot Supplies is provided as follows. EXERCISE 5.10 Measuring and Evaluating Profitability and Liquidity Compute and discuss briefly the significance of the following measures as they relate to Save-ALot Supplies. a. Net income percentage in current year. b. Return on equity in current year. c. Working capital on December 31 , current year. d. Current ratio on December 31, current year

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