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indicate the meaning of each solution for each ratio indicate the meaning of each solution for each ratio Ratios for Ratio George Profit margin 30.33
indicate the meaning of each solution for each ratio
indicate the meaning of each solution for each ratio Ratios for Ratio George Profit margin 30.33 Return on assets 40.44 Return on equity 96.35 Receivables turnover 3.81 Quick ratio 1 Debt to total assets $0.32 Fixed charge coverage 15 Industry Average 17.50% 20.80% 35% 4.6x 0.85 0.45 3.6x Better (B) or Worse (W) Better Better Better Worse Better Better Better Profit margin=(net income/sales)*100 return on assets=(net income/total assets)*100 return on equity=(net income/shareholders equity)*100 receivable turnover=(net credit sales/ accounts receivable quick ratio=(current assets - inventory) / current liablilitues) debt to total assets= total debt/total assets fixed charge coverage = income before fixed chareges and taxes/ fixed charges =Step by Step Solution
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