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E. DEBT/EQUITY RATIO _________________________________ F. AVERAGE COLLECTION PERIOD _________________________ G. INVENTORY TURNOVER___________________________ S350 1. THE MERTZON MINERAL WATER COMPANY HAS THE FOLLOWING FINANCIAL DATA: (in
E. DEBT/EQUITY RATIO _________________________________
F. AVERAGE COLLECTION PERIOD _________________________
G. INVENTORY TURNOVER___________________________
S350 1. THE MERTZON MINERAL WATER COMPANY HAS THE FOLLOWING FINANCIAL DATA: (in no particular order) SALES $2,500 NET PROFITS INVENTORY $200 FIXED ASSETS $500 BONDS $300 CASH S350 ACCOUNTS RECEIVABLE S120 COMMON STOCK S220 ACCOUNTS PAYABLE $200 RETAINED EARNINGS $150 PAID-IN CAPITAL S400 MARKETABLE SEC. S250 NOTES PAYABLE $150 COST OF GOODS SOLD $1,700 # COMMON STOCK SHARES INTEREST EBIT $600 CURRENT STOCK PRICE S55 BASED ON THE INFORMATION ABOVE, CALCULATE THE 108 $80Step by Step Solution
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