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please answer the percent questions places. Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset management ratios, and debt management
please answer the percent questions
places. Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset management ratios, and debt management ratios on the operating performance of a firm. Your boss has asked you to calculate the profitability ratios of St. McStanky Beer Co. and make comments on its second-year performance as compared with its first-year performance, The following shows St. Mestanky Beer Co's income statement for the last two years. The company had assets of $8,225 million in the first year and $13,157 million in the second yean. Common equity was equal to $4,375 million in the first year, and the company distributed 100% of its earnings ou as dividends during the first and the second years. In addition, the firm did not issue new stock during either year. St. Mcstanky Beer Co. Income Statement For the Year Ending on December 31 (Millions of dollars) Step by Step Solution
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