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(Ratio analysis) Using Pamplin Inc.'s financial statements shown in the popup window: a. Compute the ratios in the popup window,_ , for 2014 and 2015
(Ratio analysis) Using Pamplin Inc.'s financial statements shown in the popup window: a. Compute the ratios in the popup window,_ , for 2014 and 2015 to compare both against the industry norms. b. How liquid is the firm? c. Are its managers generating an adequate operating profit on the firm's assets? d. How is the firm financing its assets? e. Are its managers generating a good return on equity? Note: 15% of sales are cash sales, with the remaining 85% being credit sales. a. Compute the following ratios for 2014 and 2015 to compare both against the industry norms. (Round the numbers to two decimal places and select your evaluation from the drop-down menu.) Pamplin Inc. Income Statement for Years Endina 12/31/2014 and 12/31/2015 ( Ullck on tne icon rocated on the top-right comer of the data table above in order to copy its contents into a spreadsheet.) its contents into a spreadsheet.)
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