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Determine the effect of the following scenario on each of the following ration: - Debr to Equity Ratio - Profit Margin Ratio - Dividend Yield

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Determine the effect of the following scenario on each of the following ration: - Debr to Equity Ratio - Profit Margin Ratio - Dividend Yield Ratio Deal ONLY with the facts provided in the scenario, and determine the direct effects of the scenario ONLY in the current period. Assume no efiect on the market price of stock Assume the Current Ratio prior to any scenario was 21. Debt to Equity Ratio = (Total Llabilities) / (Total Stockholders' Equity) Profit Margin Ratio = (Net Income) / (Net Sales) Dividend Yield Ratio = (Dividends per Share) / (Market Price per Share) Lengel's Dairy purchased inventory on account. This inventory was not sold in the current period

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