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Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year
Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: (1-a) Profit margin ratio. Compute profit margin ratio for the current year and one year ago
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