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Profitability ratios help in the analysis of the combined impact of liquiflity ratios, asset management ratios, and debt management ratios on the operating performance of

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Profitability ratios help in the analysis of the combined impact of liquiflity ratios, asset management ratios, and debt management ratios on the operating performance of a firm. Your boss has asked you to calculate the profitability ratios of Stay Swift Corp. and make comments on its second-year performance as compared wit its first-year performance. The following shows Stay Swift Corpi's income statement for the last two years. The company had assets of 58,225 million in the first year and $13,157 million in the second year, Common equity was equal to $4,375 million in the first year, and the company distributed 100% of its earnings of as dividends during the first and the second years. In addition, the firm did not issue new stock during either year: Profitability ratios help in the analysis of the combined impact of liquiflity ratios, asset management ratios, and debt management ratios on the operating performance of a firm. Your boss has asked you to calculate the profitability ratios of Stay Swift Corp. and make comments on its second-year performance as compared wit its first-year performance. The following shows Stay Swift Corpi's income statement for the last two years. The company had assets of 58,225 million in the first year and $13,157 million in the second year, Common equity was equal to $4,375 million in the first year, and the company distributed 100% of its earnings of as dividends during the first and the second years. In addition, the firm did not issue new stock during either year

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