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Given the financial data and ratios listed below...... please answer for parts 29, 30, and 31 clearly with question number and answer labeled!! thank you
Given the financial data and ratios listed below...... please answer for parts 29, 30, and 31 clearly with question number and answer labeled!! thank you
Question 31 (3 points) USE THE DATA BELOW TO ANSwER QUESTIONS 29, 30 AND 31 THE DATA WILL BE REPEATED FOR EACH oF THE QUESTIONS, BUT IT IS IDENTICAL FOR EACH Fixed Given the financial data and listed below for the Atlanta determine what Atlanta company recorded as $3,243 Assets on balance sheet. without a dollar sign, without commas, and answer is a negative number use the minus sign followed by the number with no space between the minus sign and the number thus record or negative 18 as $10,000 Sales 40% Gross profit margin 4 times Inventory turnover ratio 8% Net profit margin 45 days Average collection period 50% Return on equity (ROE) 20% Return on assets (ROA) $250 Cash Current ratio 30 days Accounts payable days NotesStep by Step Solution
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