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PQR Ltd. presents the following financial information: Cash and cash equivalents: $100,000 Accounts receivable: $120,000 Inventory: $80,000 Total current liabilities: $150,000 Total assets: $800,000 Total

  • PQR Ltd. presents the following financial information:

    • Cash and cash equivalents: $100,000
    • Accounts receivable: $120,000
    • Inventory: $80,000
    • Total current liabilities: $150,000
    • Total assets: $800,000
    • Total liabilities: $400,000
    • Net income: $100,000

    Compute: a) Acid-test ratio b) Inventory turnover c) Return on total assets d) Profit margin ratio

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