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Selected data from O'Brien Ltd. are presented below: Total assets. Average assets Profit. Net sales Cost of goods sold. Average shareholders' equity. $1,600,000 1,750,000
Selected data from O'Brien Ltd. are presented below: Total assets. Average assets Profit. Net sales Cost of goods sold. Average shareholders' equity. $1,600,000 1,750,000 245,000 1,400,000 745,000 1,000,000 Instructions Calculate the 5 profitability ratios that can be derived from the above information. From your calculations what would you tell management about the profitability of the company in the current year? Paragraph B I UA + v ...
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