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McDougal Printing. Inc., had sales totaling $34,000,000 in the fiscal year 2019. Some ratios for the company are listed (pictured) below. Assume a 365-day year.
- McDougal Printing. Inc., had sales totaling $34,000,000 in the fiscal year 2019. Some ratios for the company are listed (pictured) below. Assume a 365-day year. Sales $34,000,000 Gross profit margin 81% Operating profit margin 39% Net profit margin 7% Return on total assets 12.6% Return on common equity 18% Total asset turnover 1.8 Average collection period 63.4 days
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
