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Assume you are given the following abbreviated financial statement. ($ in millions) Current assets $150.0 Fixed and other assets 200.0 Total assets $350.0 Current liabilities

Assume you are given the following abbreviated financial statement.

($ in millions)

Current assets $150.0

Fixed and other assets 200.0

Total assets $350.0

Current liabilities $100.0

Long-term debt 50.0

Stockholders equity 200.0

Total liabilities and equities $350.0

Common shares outstanding 10 million shares

Total revenues $500.0

Total operating costs and expenses 435.0

Interest expense 10.0

Income taxes 20.0

Net profits $ 35.0

Dividends paid to common stockholders $ 10.0

P7.1 On the basis of this information, calculate as many liquidity, activity, leverage, profitability, and common stock measures as you can. (Note: Assume the current market price of the common stock is $75 per share.)

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