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Assume the following information for Company ABC: Sales $10,000,000 Net Income $1,000,000 Current Assets $4,000,000 Current Liabilities $2,000,000 Common Stock $5,000,000 Retained Earnings $8,000,000 Return
Assume the following information for Company ABC: Sales $10,000,000 Net Income $1,000,000 Current Assets $4,000,000 Current Liabilities $2,000,000 Common Stock $5,000,000 Retained Earnings $8,000,000 Return on equity is 20%. O The net margin is 10%. The current ratio is 5.0. Return on equity is 12.5%
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