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Data table Analyzing common-slze finanelal statements) Use the common-size financial statements found here: to respond to your boss' request that you write up your assessment
Data table Analyzing common-slze finanelal statements) Use the common-size financial statements found here: to respond to your boss' request that you write up your assessment of the firm's financial condition. Specifically, write up a briof narrative that responds to the following cuestions: a. How much cash does Panterson have on hand relative to its total assets? b. What proportion of Patterson's assets has the frm financed using short-term debt? Long-term debt? c. What percent of Patterson's revenues does the firm have left over after paying all of iss expenses (including taxes)? d. Describe the relative importance of Patlerson's major expense categories, including cost of goods sold, operating expenses, and interest expenses. a. How much cash does Patterson have on hand relative to its total assets? The cash Patterson has on hand relative to its total assets is I. (Round to one decimal place.) Data table
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