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Assume you are purchasing an investment and decide to invest in a company in the home remodeling business. You narrow the choice to Brick
Assume you are purchasing an investment and decide to invest in a company in the home remodeling business. You narrow the choice to Brick House, Inc., or Huff and Puff Corp. You assemble the following data: (Click the icon to view the income statement data.) (Click the icon to view data at end of current year.) (Click the icon to view data at beginning of current year.) Read the requirement. (Click the icon to view more information.) Select the formula and then enter the amounts to compute the accounts receivable turnover ratio for each company. (Round the ratios to two decimal places.) 1 BH, Inc. HP, Corp. e. Inventory turnover 1 = Accounts receivable turnover times times Select the formula and then enter the amounts to compute the Inventory turnover for each company. (Round the ratios to two decimal places.) BH, Inc. HP, Corp. f. Total asset turnover I = Inventory tumover times times Select the formula and then enter the amounts to compute the total asset turnover for each company. (Round the ratios to two decimal places.) BH, Inc. HP, Corp. g. Return on assets = Total asset turnover = = times times Select the formula and then enter the amounts to compute the return on assets for each company. (Round the ratios as percentages rounded to the nearest hundredth percent, XXX%.) Return on assets =
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