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Assume all sales were on credit. Also assume the long - term note payable is due in 2 0 2 6 , with no current
Assume all sales were on credit. Also assume the longterm note payable is due in with no current portion. On the December balance sheet, the assets totalled $ common shares were $ and retained earnings were $
Required:
Calculate the following: Use days in a year. Do not round your intermediate calculations. Round the answers to decimal places.
a Current ratio to
b Quick ratio to
c Days sales uncollected days
d Inventory turnover times
e Days sales in inventory days
f Ratio of pledged plant assets to secured liabilities to
g Times interest earned times
h Profit margin
i Total asset turnover times
j Return on total assets
k Return on common shareholders equity
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