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Given the financial statements for Jones Corporation and Smith Corporation: Use net flxed assets in computing fixed asset turnover. tincludes $15,500 in lease payments. Use

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Given the financial statements for Jones Corporation and Smith Corporation: "Use net flxed assets in computing fixed asset turnover. tincludes $15,500 in lease payments. "Use net fixed assets in computing fixed asset turnover. Tincludes $15,500 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 equitv. and debt to total assets answers as a bercent rounded to 2 decimal olaces. Round all other answers to 2 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.)

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