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Given the financial statements for Jones Corporation and Smith Corporation: *Use net fixed assets in computing fixed asset turnover. Includes $12,700 in lease payments. Includes
Given the financial statements for Jones Corporation and Smith Corporation: *Use net fixed assets in computing fixed asset turnover. Includes $12,700 in lease payments. Includes $12,700 in lease payments. *Use net fixed assets in computing fixed asset turnover. Includes$12,700 in lease payments. a. Compute the following ratios. (Use a 360-day year. Do not round intermediate calculations. Input your profit margin, return on assets, return on equity, and debt to total assets answers as a percent rounded to 2 decimal places. Round all other answers to 2 decimal places.) a. Compute the following ratios. (Use a 360-day year. Do not round intermediate calculations. Input your profit margin, return or assets, return on equity, and debt to total assets answers as a percent rounded to 2 decimal places. Round all other answers te decimal places.)
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