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additional information (Rafio analysis) The financial statements and industry norms for Pamplin Inc. are shown in the popup window: a. Compute the ratios in the
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(Rafio analysis) The financial statements and industry norms for Pamplin Inc. are shown in the popup window: a. Compute the ratios in the popup window, , for 2017 and 2018 to compare both against the industry norms. b. How liquid is the firm? c. Are its managers generating an adequate operating profit on the firm's assets? d. How is the firm financing its assets? e. Are its managers generating a good retum on equity? Note: 15% of sales are cash sales, with the remaining 85% being credit sales. a. Compute the following ratios for 2017 and 2018 to compare both against the industry noms. (Round the numbers to two decimal places and select your evaluation from the drop-down menu.) (Click on the following icon in order to copy its contents into a spreadsheet.) Ramplin Inc. Balance Bhceat at 1281/2017 and 1231/2018 Assais LIABILITIES AND OWNERS' EQUITY Acoounts payable Notes payable - current (9.00% interest) Current liabilities Bonds ( 8.33% interest) Total debt \begin{tabular}{|rrrr} \hline$ & 197 & \\ & 0 & $151 \\ \hline$ & 197 & 147 \\ \hline & 596 & $ & 298 \\ \hline$ & 793 & 596 \\ \hline \end{tabular} Owners' equity Common stock Paid-in capital 3005997n$300599$13 (Click on the following icon $ in order to copy its contents into a spreadsheet) Step by Step Solution
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