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Required: Next Level Compute the following ratios for 20X3. Provide a brief description of what each ratio reveals about Hershey. 0.616 0.698 1. Return on
Required: Next Level Compute the following ratios for 20X3. Provide a brief description of what each ratio reveals about Hershey. 0.616 0.698 1. Return on common equity (Round your answer to three decimal places.) 2. Debt-to-assets (Round your answer to three decimal places.) 3. Debt-to-equity (Round your answer to two decimal places.) 4. Current (Round your answer to two decimal places.) 1.77 5. Quick (Round your answer to two decimal places.) 1.13 6. Inventory turnover days (Use 365 days. Round your answer to nearest whole number.) 7. Accounts receivable turnover days (Use 365 days. Round your answer to nearest whole number.) days 8. Accounts payable turnover days (Use 365 days. Round your answer to nearest whole number.) days 9. Operating cycle (in days) (Use 365 days. Round your answer to nearest whole number.) 10. Total asset turnover (Round your answer to two decimal places.) 1.41 Feedback Check My Work Return on Common Equity Check My Work Net Income Average Total Common Equitv 2.32 61 85 days 24 42 X days Previous
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