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Please Answer Correctly :) )21 and 2022 are as follows. Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to
Please Answer Correctly :)
)21 and 2022 are as follows. Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83. Round profit margin, return on assets, return on common stockholders' equity and debt to assets ratio to 1 decimal place, e.g. 12.6\%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2020, was \$420.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2020, were $2,020.) (e) Return on common stockholders' equity. (Equity on December 31, 2020, was \$970.) (f) Debt to assets ratio. (g) Times interest earned. 2022 2021 (a) Current ratio. (b) Inventory turnover. (c) Profit margin. (d) Return on assets. (e) Return on common stockholders' equity. (f) Debt to assets ratio. (g) Times interest earned. :1 % % % % times :1 % % % % timesStep by Step Solution
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