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Compute a recent five-year average of the following ratios for three companies of yourchoice (attempt to select diverse firms): a. Retention rate b. Net profit
Compute a recent five-year average of the following ratios for three companies of yourchoice (attempt to select diverse firms): a. Retention rate b. Net profit margin c. Equity turnover d. Total asset turnover e. Total assets/equity Based on these ratios, explain which firm should have the highest growth rate of earnings.
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