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Pearson, the only bookstore close to campus, had net income in 2007 of $66000. Here are some of the financial ratios from the annual report
Pearson, the only bookstore close to campus, had net income in 2007 of $66000. Here are some of the financial ratios from the annual report profit margin 0.16 return on assets 0.15 debt to assets 0.6 Using these ratios, calculate the following for Follies Bookstore: 1) equity 2) return on equity
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