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From the latest financials for my company, I extracted the following information for my boss: Total Assets: $1,200,000 Total Equity: $650,000 Total Sales: $6,000,000 Net
From the latest financials for my company, I extracted the following information for my boss: Total Assets: $1,200,000 Total Equity: $650,000 Total Sales: $6,000,000 Net Profit: $480,000 From this little bit of information, my boss tells me she can calculate out my company's Return on Assets, Return on Equity, Total Liabilities, and Debt Ratio. Is she correct? If so, calculate out these four ratios/items but if she is incorrect tell me what information is missing
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