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Question 21 1 pts You gather the following information from an annual report (A quick check reveals that the firm has terrible accountants, but you've
Question 21 1 pts You gather the following information from an annual report (A quick check reveals that the firm has terrible accountants, but you've been instructed to use the numbers as given): Sales = 42,429 COGS = 16,413 EBIT = 21,173 Interest - 2,475 Net Income 8,580 Current Assets - 24,209 Inventory - 9,885 Accounts Receivables - 9,072 Total Assets - 59,841 Current Liabilities - 9,482 Total liabilities - 25,919 Total equity = 29,001 What is the firm's Return on Assets? (Enter your response to two decimal places) Question 21 1 pts You gather the following information from an annual report (A quick check reveals that the firm has terrible accountants, but you've been instructed to use the numbers as given): Sales = 42,429 COGS = 16,413 EBIT = 21,173 Interest - 2,475 Net Income 8,580 Current Assets - 24,209 Inventory - 9,885 Accounts Receivables - 9,072 Total Assets - 59,841 Current Liabilities - 9,482 Total liabilities - 25,919 Total equity = 29,001 What is the firm's Return on Assets? (Enter your response to two decimal places)
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