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Given the following financial data for a company: Net Sales: $2,000,000 Cost of Goods Sold: $1,200,000 Average Inventory: $300,000 Total Current Assets: $500,000 Total Current
- Given the following financial data for a company:
- Net Sales: $2,000,000
- Cost of Goods Sold: $1,200,000
- Average Inventory: $300,000
- Total Current Assets: $500,000
- Total Current Liabilities: $250,000
- Total Assets: $1,500,000
- Total Liabilities: $800,000
Calculate the company's: a. Inventory Turnover Ratio b. Current Ratio c. Debt to Equity Ratio d. Return on Assets (ROA) e. Return on Equity (ROE)
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