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Assume the following data for Cable Corporation and Multi-Media Inc. Assume the following data for Cable Corporation and Multi-Media Inc. Net income Sales Total assets
Assume the following data for Cable Corporation and Multi-Media Inc.
Assume the following data for Cable Corporation and Multi-Media Inc. Net income Sales Total assets Total debt Stockholders' equity Cable Corporation $ 35,000 366,000 403,000 172,000 231,000 Multi-Media Inc. $ 110,000 2,320,000 970,000 510,000 460,000 -1. Compute return on stockholders' equity for both firms. (Input your answ Return on Stockholders' Equity Cable Corporation Multi-Media, Inc. a-2. Which firm has the higher return? Multi-Media Inc. Cable Corporation b. Compute the following additional ratios for both firms. (Input your Net Income/Sales, Net Income/Total assets and Debt/Total asset answers as a percent rounded to 2 decimal places. Round your Sales/Total assets answers to 2 decimal places.) Cable Corporation Multi-Media Inc. Net income/Sales Net income/Total assets Sales/Total assets Debt/Total assets times %Step by Step Solution
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