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Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Lozano Chlp
Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Lozano Chlp Company: Income statement for Year Ended December 31, 2019 a. Calculate the Indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places. b. Use the extended Dupont equation to calculate ROE for both Lozano and the Industry, Do not round intermediate calculations. Round your answers to two decimal places. For the firm, ROE is %. For the industry, ROE Is C. Outline Lozano's strengths and weaknesses as revealed by your analysis
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