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Comment on your findings particularly with respect to any anomalies Appendix 2 - Template Table 3: Ratios Formula 20X2 20X3 20X4 A. Gross Margin 20X5

Comment on your findings particularly with respect to any anomalies

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Appendix 2 - Template Table 3: Ratios Formula 20X2 20X3 20X4 A. Gross Margin 20X5 20X6 Gross profit/Sales 30.74% 19.75% B. Net Profit Margin 38.13% 62.86% Net income/Sales 68.43% -210% -130% -121% C. Asset Turnover -48% -49% Sales/Total Assets (Using Ending Total Assets) 0.38 0.47 D. Accounts Receivable Turnover Sales/Accounts Receivables (Using Ending A/R) 0.87 1.33 2.16 7.06 5.98 6.55 E. Working capital 2.62 15.38 Current assets - Current liabilities F. Current Ratio 1,144,865 (644,798) (2,915,910) 893,536 Current assets/Current liabilities (4,587,839) 1.48 0.86 G. Quick Ratio 0.50 1.18 0.26 Cash & Cash Equivalents + ST Investments + A/R/CL 0.81 H. Debt Ratio (Debt to Assets) 0.45 0.37 1.00 Total Liabilties/Total Assets 0.13 0.52 0.72 1.17 0.59 1.09

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