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Consequently, Calculate values for the following: a. Return on common equity b. Average payment period c. Operating profit margin d. Quick (acid-test) ratio e. Total
Consequently, Calculate values for the following:
a. Return on common equity
b. Average payment period
c. Operating profit margin
d. Quick (acid-test) ratio
e. Total asset turnover
f. Earnings per share
The financial data of lozina Industries for the year ended December 31, 2014, follow. Inventory Interest expense Accounts receivable Cost of goods Total liabilities Total current assets Times interest earned ratio Total operating expenses Total Stockholders' equity Total current liabilities Taxes (rate) Accounts payable Common stock 150 50 80 1200 322 350 7.38 431 152 222 40% 100 50 Consequently, Calculate values for the folloviina: 2. Return on common equity 5. Average payment period c. Operating profit margin d. Quick (acid-test) ratio e. Total asset turnover f. Earnings per shareStep by Step Solution
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