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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

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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 =

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