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Financial Information: STU Automotive Revenue: $60 million Cost of Goods Sold: $35 million Operating Expenses: $18 million Net Income: $4 million Total Assets: $90 million
- Financial Information: STU Automotive
- Revenue: $60 million
- Cost of Goods Sold: $35 million
- Operating Expenses: $18 million
- Net Income: $4 million
- Total Assets: $90 million
- Total Liabilities: $40 million
- Calculate the gross profit.
- Determine the operating profit margin.
- Compute the debt-to-equity ratio.
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
