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Financial Statement Basics You are a financial analyst and are given the following information: Long term debt to equity 0.5 to 1 Total asset turnover

Financial Statement Basics

You are a financial analyst and are given the following information:

Long term debt to equity 0.5 to 1

Total asset turnover 2.5 times

Average collection period* 18.25 days

Inventory turnover 9 times

Gross profit margin 10%

Quick ratio 1 to 1

where

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