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Please, I need a clear explanation and correct answers. Thank you, Financial Ratio Analysis Sales: COGS/COS: Other cost: Net profit: Current Assets: $28,900,000 $20,230,000 $387,000
Please, I need a clear explanation and correct answers. Thank you,
Financial Ratio Analysis Sales: COGS/COS: Other cost: Net profit: Current Assets: $28,900,000 $20,230,000 $387,000 $8,283,000 $6,069,000 Non-current Assets: Owner equity for the year before previous financial year: Owner equity for the previous financial year: Average inventory: Average accounts receivable: $13,872,000 $5,798,100 $4,721,310 $4,551,750 $1,517,250 Use the information provided above to calculate the six financial performance ratios for your company. (6 marks) Round answers to the nearest whole number. ROA: ROE: Profit margin: Gross profit margin: Inventory turnover: Debtors turnoverStep by Step Solution
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