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Ratios and Common-Slre Data Consider the following financial statements for Bonjamin Company During 2019, management obtained additional bond financing to enlarge its production facilities. The

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Ratios and Common-Slre Data Consider the following financial statements for Bonjamin Company During 2019, management obtained additional bond financing to enlarge its production facilities. The company faced higher production costs during the year for such things as fuel, materials, and freight. Because of temporary government price controls, a planned price increase on products was delayed several months. As a holder of both common and preferred stock, you decide to analyze the financial staternents: Common-5y Other Info "Current liabilities were $77,000,000 at January 1,2018 "Inventory was $87,000,000 at January 1,2018 "Total Assets were $490,000,000 at Janyary 1, 2018 'Common Stockholders' equity was $235,000,000 at January 1, 2018 a. Calculate the follwing ratios: Zound answers to two decimal places b. Calculate common-size percentages for each year's income statement. 'Round answers to one decimal place

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