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Balance sheet and Income statement for ACME company is shown below. Balance sheet for ACME company Income statement for ACME company Use the information to
Balance sheet and Income statement for ACME company is shown below. Balance sheet for ACME company Income statement for ACME company Use the information to calculate the ratios shown on the table
Finance
Earnings before taxes (EBT) Taxes (40%) Net income 45,500 18,200) 27,300 Use the information to calculate the ratios shown on the table Current ratio Days sales outstanding Inventory turnover Total assets turnover Net profit margin Return on assets Return on equity ROL Debe ratio NIIN INE Earnings before taxes (EBT) Taxes (40%) Net income 45,500 18,200) 27,300 Use the information to calculate the ratios shown on the table Current ratio Days sales outstanding Inventory turnover Total assets turnover Net profit margin Return on assets Return on equity ROL Debe ratio NIIN INEStep by Step Solution
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