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Solve the following facts. (Round to the nearest hundredth.) A Current ratio B. Acid test E. Profit margin on sales C. Average day's collection D.

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Solve the following facts. (Round to the nearest hundredth.) A Current ratio B. Acid test E. Profit margin on sales C. Average day's collection D. Asset turnover Current Assets Accounts Receivable Current Liabilities Inventory Net Sales Total Assets Net Income $18,000 3,000 16,000 2,000 41,000 29,000 6,000 A B C D E

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