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Please answer all highlighted and include all formulas that were used. Required: 2. Compute the following ratios for the current year only: 3 Gross margin
Please answer all highlighted and include all formulas that were used.
Required: 2. Compute the following ratios for the current year only: 3 Gross margin percentage Current ratio (rounded to two decimal places) Acid-test ratio (rounded to two decimal places) Accounts receivable turnover (rounded to two decimal places) Average collection period (rounded to the nearest whole day) Inventory turnover ratio (rounded to two decimal places) Average sales period (rounded to the nearest whole day) Debt-to-equity ratio (rounded to two decimal places) Times interest eamed (roended to two decimal places) Book value per share (rounded to two decimal places) Earnings per share (rounded to two decimal places) Dividend payout ratio (rounded to three decimal places) Dividend yield ratio (rounded to three decimal places) Price-earnings ratio (rounded to two decimal places) Step by Step Solution
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