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At the end of the current year, Singleton Inc. reported the following information: Sales $265,000 Operating income 57,600 Average total assets 383,000 Average stockholders' equity
At the end of the current year, Singleton Inc. reported the following information: Sales $265,000 Operating income 57,600 Average total assets 383,000 Average stockholders' equity 286,000 Compute the financial leverage of Singleton. (Round the answer to two decimal places.)
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Fraud examination
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
