Question
DEF Ltd. provides the following financial data: Total assets: $900,000 Total liabilities: $280,000 Common stock: $200,000 Retained earnings: $180,000 Net income: $120,000 Total revenues: $550,000
DEF Ltd. provides the following financial data:
- Total assets: $900,000
- Total liabilities: $280,000
- Common stock: $200,000
- Retained earnings: $180,000
- Net income: $120,000
- Total revenues: $550,000
- Total expenses: $430,000
Determine: a) Debt ratio b) Earnings per share c) Return on investment d) Asset turnover ratio
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Advanced Accounting
Authors: Debra C. Jeter, Paul Chaney
5th Edition
1118022297, 9781118214169, 9781118022290, 1118214161, 978-1118098615
