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i am reuploading this because the anwser was cut off Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable,

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Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 30,400 87,800 112,000 10,800 278,000 $519,000 $ 35,250 $ 38,000 62,500 49,000 83,200 54,500 9,450 4,400 257,000 233,000 $447,400 $ 378,900 $128,000 $ 72,750 $ 50,400 96,000 160,500 134,500 $519,000 190,750 84,000 160,500 160,500 113,400 84,000 $447,400 $ 378,900 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $745,000 $461,900 230,950 12,200 9,350 714,400 $ 30,600 $ 1.91 1 Yr Ago $540,000 $340,200 135,000 12,700 8,775 496,675 $ 43,325 $ 2.70 For both the Current Year and 1 Year Ago, compute the following ratios: Required 1A Required 1B Profit margin ratio. Choose Numerator: Profit Margin Ratio 1 Choose Denominator: 1 Profit Margin Ratio Profit margin ratio % Current Year: / 11 1 Year Ago: 1 11 % Required 1A Required 18 > Preu 19 19 19 20 HE Mayt (2) Total asset turnover. Total Asset Turnover Choose Denominator: Choose Numerator: Total Asset Turnover Total asset turnover Current Year: times 1 Year Ago: times Required 3A Required 3B eBook Return on total assets Hint Return On Total Assets Choose Numerator: 1 Choose Denominator: Return On Total Assets Return on total assets Current Year: % % = 1 Year Ago: Secure Required 3B >

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