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pls show work if possible The Moraine Company has net income of $168,850. There are currently 33.05 days' sales in receivables. Total assets are $857,000,
pls show work if possible
The Moraine Company has net income of $168,850. There are currently 33.05 days' sales in receivables. Total assets are $857,000, total receivables are $148,200, and the debt-equity ratio is 70 . a. What is the company's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the company's total asset turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16 Step by Step Solution
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