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Selected current year-end financial statements of Overton Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year

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Selected current year-end financial statements of Overton Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $17,400; total assets, $94,900; common stock, $35,500; and retained earnings, $18,800.) Required Compute the following (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on common stockholders' equity. Round to one decimal place; for part 6, round to two decimals. Check Aoditest rato, 1.6 to thenentory tumover, 15.3 1. Use an excel workbook to complete this project. 2. Name first worksheet income Statement. Enter data shown on the first page. 3. Name 2th worksheet Balance Sheet. Enter data shown above. 5. Resource: look up in your financial accounting text the formulas for these ratios. If you need help finding them, I can help you. 6. Please email if you have any questions. retained earnings; 818,800 .) Required 1. Use an extel worbook so carnolete this projert. 1. Name 2 worsheet balance leet. Enter data shown above. the two previous workheets. 6. Meace encil af vou have ampouestion

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