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Bobby wants to know if his company can pay its bills (short term) without trouble. One of the things he could look at is

Bobby wants to know if his company can pay its bills (short term) without trouble. One of the things he could look at is the company's Here is a company's Income Statement and their Stockholder's Equity from the balance sheet. What is the company's Return on Equity? Revenues COGS Gross Profit SG&A Operating Profit (EBIT) Interest Expense EBT Income Taxes Net Income Stockholders' Equity $ $ 69 $ GA 69 69 $ $ 69 $ 700,000 280,000 420,000 100,000 320,000 80,000 240,000 72,000 168,000 300,000

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