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Show the steps that lead to the correct answer Show the steps that lead you to your answer 1. Juno, Inc. has a profit margin

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Show the steps that lead you to your answer 1. Juno, Inc. has a profit margin of 4.8 percent and a capital intensity ratio of .86. The net profit is $420 and the tax rate is 35 percent. What are the total sales for the period? 2. Preston & Daughter has net working capital of $1,100, a current ratio of 1.2, net fixed assets of $18,700, and total assets of $24,900. What is the amount of the current liabilities? 3. On a common-size statement, inventory is expressed as a percent of: a. net income. b. EBIT total assets. C. d. sales

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