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Problem A. Industry A has three companies whose income statements and balance sheets are summarized below. Company X Company Y Company z Sales $500,000 (d)
Problem A. Industry A has three companies whose income statements and balance sheets are summarized below. Company X Company Y Company z Sales $500,000 (d) (g) Net income $ 25,000 $30,000 (h) Total assets $100,000 (e) $250,000 Total asset turnover (a) 0.4 Profit margin (6) 0.4% 5% Return on total assets (c) 2% (1) First supply the missing data in the table above. Then comment on the relative performance of each company. (10 pts)
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