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Compute the following financial ratios for each of those years: age of accounts receivable, age of inventory, gross profit percentage, profit margin percentage, return on
Compute the following financial ratios for each of those years: age of accounts receivable, age of inventory, gross profit percentage, profit margin percentage, return on assets, return on
equity, current ratio, debt-to-equity ratio, and the quality-of earnings ratio.
Then please answer: What major red flags, if any, were present in Take-Twos financial statements given these ratios? Explain.
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