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Brief Exercise 9-21 Calculate ratios (LO9-8) Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions):
Brief Exercise 9-21 Calculate ratios (LO9-8) Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's Up Selected balance sheet data Total assets Total liabilities Total stockholders' equity Surf's Up Selected income statement data Sales revenue Interest expense Tax expense 2021 $795 15 44 66 2021 2020 $727 $718 628 530 99 188. Net income Based on these amounts, calculate the following ratios for 2021: (Do not round intermediate calculations. Round all final answers to 1 decimal place. Enter your answer in millions (i.e. 5,500,000 should be entered as 5.5).) Total liabilities Debt to Equity Ratio Total Stockholders' equity Return on Assets Ratio Net income Average total assets Times Interest Earned Ratio
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