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Questions 1.5 will use the given information to Ratios: Given: Asset Turnover 2 times Profit Margin 5% (05) Total Assets: $200,000 Debt to Asset Ratio:

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Questions 1.5 will use the given information to Ratios: Given: Asset Turnover 2 times Profit Margin 5% (05) Total Assets: $200,000 Debt to Asset Ratio: 40% Fixed Assets (long term) $140,000 Current ratio 3:1 Calculate the dollar amount of Current Assets 60,000 30,000 + 70,000 10,000 # C

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