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E18-11 Stewart Corporation's comparative balance sheets are presented below. STEWART CORPORATION Balance Sheets December 31 Stewart's 2012 income statement included net sales of $100,000, cost
E18-11 Stewart Corporation's comparative balance sheets are presented below. STEWART CORPORATION Balance Sheets December 31 Stewart's 2012 income statement included net sales of $100,000, cost of goods sold of $60,000, and net income of $15,000. Instructions Compute the following ratios for 2 Apago (a) Current ratio. (b) Acid-test ratio. (c) Receivables turnover. (d) Inventory turnover. (e) Profit margin. (f) Asset turnover. (g) Return on assets. (h) Return on common stockholders' equity. (i) Debt to total assets ratio
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