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Please Solve this as quick as possible The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summarized data:
Please Solve this as quick as possible
The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summarized data: -One-third was credit sales. tDuring Year 2, cash dividends amounting to $7,000 were declared and paid. 2-e. Debt-to-equity ratio. Interpret the result. (Round the final answer to 2 decimal places.) 2-f. Return on assets. (Round intermediate calculations to 3 decimal places and percentage answer to 2 decimal places i.e., 0.1243 should be entered as 12.43.) 2-g. Return on equity. (Round percentage answer to 2 decimal places i.e., 0.1243 should be entered as 12.43.) Step by Step Solution
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