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Cadux Candy Company's income statement for the year ended December 3 1 , 2 0 2 4 , reported interest expense of $ 3 million
Cadux Candy Company's income statement for the year ended December reported interest expense of $ million and income tax expense of $ million. Current assets listed in its balance sheet include cash, accounts receivable, and inventory. Property, plant, and equipment is the company's only noncurrent asset. Financial ratios for are listed below. Profitability and turnover ratios with balance sheet items in the denominator were calculated using yearend balances rather than averages.
tableDebt to equity ratio,Current ratio,Acidtest ratio,Times interest earned ratio, timesReturn on assets,
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