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Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Prepare an income statement and a balance sheet for
Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Prepare an income statement and a balance sheet for this company using the information provided. Calculate: 7. Net profit margin (Percentage) 8. Sales to total assets (Asset turnover) 9. Return on assets (Percentage) 10 . Equity multiplier 11. Return on equity (Percentage)
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