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DEF Ltd. provides the following financial data: Total assets: $1,500,000 Total liabilities: $500,000 Common stock: $400,000 Retained earnings: $350,000 Net income: $250,000 Total revenues: $1,100,000
DEF Ltd. provides the following financial data:
- Total assets: $1,500,000
- Total liabilities: $500,000
- Common stock: $400,000
- Retained earnings: $350,000
- Net income: $250,000
- Total revenues: $1,100,000
- Total expenses: $850,000
Determine: a) Debt ratio b) Earnings per share c) Return on investment d) Asset turnover ratio
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
