Question
Milky Way Co. has inventory of $223,000, total assets of $878,800, and sales of $612,300. What is the common-size percentage for the inventory account? Norite
Milky Way Co. has inventory of $223,000, total assets of $878,800, and sales of $612,300. What is the common-size percentage for the inventory account?
Norite Inc. has a total asset turnover rate of 1.8, an equity multiplier of 1.2, a profit margin of 10 percent, and a retention ratio of 0.7. What is the sustainable growth rate?
Saturn, Inc. has earnings before interest and taxes of $6,500 and net income of $2,528. The tax rate is 21 percent. What is the times interest earned ratio?
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