Question
A serious flood has destroyed a large percentage of the financial records of the Waterlog Company. You have the task of piecing together information in
A serious flood has destroyed a large percentage of the financial records of the Waterlog Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 17.5 percent. Sales were $1,815,000, the total debt ratio was .34, and total debt was $664,000. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the return on assets (ROA)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on assets _________________% XYZ, LLC
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Calculate the following financial ratios for each year
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