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I. The following information for Ford Company for the year 2019 has been assembled: (6 marks) Market value at December 31, 2019 . $600,000 Total

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I. The following information for Ford Company for the year 2019 has been assembled: (6 marks) Market value at December 31, 2019 . $600,000 Total liabilities . . . .. $100,000 Debt ratio . . . . 40% Return on sales . . . . . 10% Asset turnover . . . .. 2.0 You are required to compute the following information: a. Total assets b. Sales c. Net income d. Price-earnings ratio

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