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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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