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Problem 4 - 2 2 Financial Ratios ( LO 3 ) Use the above information from the tables to work out the following missing entries,
Problem Financial Ratios LO
Use the above information from the tables to work out the following missing entries, and then calculate the company's return on
equity. Note: Inventory turnover, average collection period, and return on equity are calculated using startofyear, not average, values.
Complete this question by entering your answers in the tabs below.
Income
Statement
Balance Sheet
Use the above information from the tables to work out the following missing entries, and then calculate the company's return
on equity. Note: Inventory turnover, average collection period, and return on equity are calculated using startofyear, not
average, values.
Note: Enter your answers in millions. Round intermediate calculations and final answers to decimal places.
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