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Below are the income statement and balance sheet for corporation for the year ended 2020 and 2021. Calculate the profitability ratios in the table to

Below are the income statement and balance sheet for corporation for the year ended 2020 and 2021. Calculate the profitability ratios in the table to the right for the years ended 2021. image text in transcribed image text in transcribed

for the years ended 2020 and 2021 . Calculate the leverage ratios in the table to the right for the year ended 2021 . Ratio Numerator Denominator = Calculated Value 1. Debt Ratio 2. Equity Ratio 3. Debt to Equity Ratio 4. Times Interest Earned Ratio

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