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Profitability, Liquidity, and Solvency Ratios O'Neill Corporation gathered the following information from its financial statements: Net sales Net income Current assets Current liabilities Total assets

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Profitability, Liquidity, and Solvency Ratios O'Neill Corporation gathered the following information from its financial statements: Net sales Net income Current assets Current liabilities Total assets Total abilities $280,000 75,000 40,500 27,000 130,000 97,500 Using the above data, calculate the following: (1) profit margin. (2) current ratio. (3) debt-to-total-assets ratio, and (4) return on assets ratio. Note: Round answers to one decimal place. 0 0 0 Profit margin Current ratio Debt-to-total assets ratio Return on assets ratio

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