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Exercise 13-13A (Algo) Ratio analysis LO 13-2, 13-3, 13-4, 13-5 Following is the balance sheet of Gibson Company for Year 3. The average number of
Exercise 13-13A (Algo) Ratio analysis LO 13-2, 13-3, 13-4, 13-5 Following is the balance sheet of Gibson Company for Year 3. The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)
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