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Briefly explain what the ratio shows us for each item. Typed Answers only. a) Complete the Current Ratio (CA/CL) based on current assets of $350,000
Briefly explain what the ratio shows us for each item. Typed Answers only. a) Complete the Current Ratio (CA/CL) based on current assets of $350,000 and current liabilities of $275,000. b) Complete the Debt to Equity Ratio (TD/TE) based on total debt of $450,000 and total equity of $266,000. c) Complete the Receivables Turnover Ratio (Sales/Accounts Receivable) based on sales of 880,000 and accounts receivable of $125,000 d) Complete the Profit Margin Ratio (Net Income/Sales) based on net income of $1,255 and sales of 6,500
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