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Part 1. Financial Ratios Please compute the 6 ratios requested below for the Purple Company as of and for the year ended December 31, 2023.
Part 1. Financial Ratios Please compute the 6 ratios requested below for the Purple Company as of and for the year ended December 31, 2023. Please refer to Illustration 4B.1 on page 4-34 of our textbook for a summary of financial ratios and formulas. Compute each ratio to 2 decimal places using excel rounding. Outstanding shares Total liabilities Total assets Average total assets Common stockholders' equity 500,000$21,860,000$47,100,000$46,345,000$25,000,000
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