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EFG Enterprises, a consulting firm, presents the following financial statements for the year ended December 31, 20XX: Income Statement: Total Revenues: $800,000 Total Expenses: $500,000
EFG Enterprises, a consulting firm, presents the following financial statements for the year ended December 31, 20XX:
Income Statement:
- Total Revenues: $800,000
- Total Expenses: $500,000
- Net Income: $300,000
Balance Sheet:
- Cash: $100,000
- Accounts Receivable: $150,000
- Equipment: $200,000
- Total Liabilities: $200,000
- Common Stock: $300,000
- Retained Earnings: $350,000
Considering the provided financial data, perform the following analyses:
- Calculate the operating profit margin.
- Determine the debt-to-equity ratio.
- Assess the liquidity position using the current ratio.
- Analyze the impact of net income on shareholders' equity.
- Evaluate the efficiency of asset utilization through the return on assets.
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